Eugenio Villegas of Fabriquem Integrated Resources, Inc. relies on speed and efficiency to get things done well, and right away. “We have a large volume of projects now so we need extra funding to deliver these projects on time.” Delays are an unwelcome risk and at times are inevitable, unless you have a partner you can trust completely. As a telecommunications equipment and services supplier, it’s key that Fabriquem accomplishes their tasks quickly to keep our nation’s communications infrastructure up and running.
Eugenio had approached banks countless times, but each time he was asked to provide collateral to be valuated as part of his application process, eating up valuable time. What’s more, bank deposits were frozen in exchange for loans, which severely hampered his flexibility.
With First Circle, the Invoice Financing process for Fabriquem was satisfyingly quick and easy. This, according to Eugenio, is a blessing because they are able to access funds in a matter of days. As a result, projects are completed on time, services are sustained, and clients are kept happy - and Fabriquem looks forward to experiencing more opportunities with First Circle.