THE CLIENT

A Rhode Island–based plumbing company with a strong track record of service excellence. Founded in 2017 and led by a master plumber with more than 30 years of industry experience, the company has built a reputation for tackling complex commercial and residential projects across the state.

THE CHALLENGE

The business had recently secured a major contract to service a commercial property and needed specialized equipment to complete the job efficiently. In particular, a new jetter to clean pipes and a cutting-edge LightRay system designed to cure and repair cast iron piping. This technology essentially creates a “pipe within a pipe,” extending the life of aging cast iron lines while saving their customers significant time and expense.

The company’s goals were clear: acquire the necessary equipment quickly while conserving cash flow for operating needs. They also wanted to take advantage of an ongoing promotion with Apex’s plumbing equipment vendor that offered very low monthly payments until 2026.

THE APEX SOLUTION

$82,000 • Financed purchase of plumbing equipment • Fast and cost-effective

Apex Commercial Capital worked understand the company’s immediate and long-term needs. We structured an equipment financing package that allowed them to purchase both the jetter and the LightRay system without tying up valuable cash reserves.

Because the equipment was crucial to fulfilling the newly won contract, speed was paramount. Apex’s streamlined process ensured the financing was approved and funded quickly so the company could begin work without delay, all at a low monthly payment until 2026.

FINAL RESULTS

With the new equipment in place, the company is not only able to complete the current commercial job on time and on budget but is also better positioned for future growth. The addition of the LightRay system and jetter expands their service capabilities, allowing them to bid on larger and more complex jobs, complete work faster, and provide more cost-effective solutions for their customers.

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