G.R. Stucker & Associates (GRSA) is a multi-discipline engineering and design company.
Challenge
GRSA needed to expand to handle market demands, but it didn’t have the cash-flow flexibility to expand payroll. New projects were highly profitable, but clients didn’t always pay quickly.
Solution
The company needed to find an alternative financing solution to its cash-flow challenges, and their banker referred them to Evergreen. Evergreen helped them close that gap by turning their receivables into cash.
Results
Since working with Evergreen, GRSA has resolved its cash-flow problem and nearly doubled in size. Although GRSA initially hired Evergreen to correct a specific, short-term problem, they found that Evergreen’s experience and expertise went above and beyond their expectations.