Culain Capital Funding announced the closing and funding of a $2,500,000 accounts receivable financing facility for a leading commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue scaling operations across the New York metropolitan area.

The company specializes in high-volume linen and textile processing for hotels, resorts, and short-term rental operators. With industrial-grade equipment and a full-service model that includes pickup, washing, folding, and delivery, the company has established itself as a trusted partner for hospitality businesses that require fast, reliable turnaround and strict sanitation standards.

Like many service providers in the hospitality industry, the company was managing extended payment cycles from clients while covering upfront costs for staffing, supplies, equipment maintenance, and delivery. Their previous factoring partner lacked the flexibility and responsiveness to keep pace with the company’s rapid growth. By partnering with Culain Capital, they now have a tailored, growth-focused working capital solution that enables them to move faster, take on larger contracts, and stay ahead of the competition.

“This partnership perfectly illustrates the vital role flexible financing plays for growing service businesses,” said Jamie Franz, President of Culain Capital. “Our client faced genuine hurdles with their previous funding partner, which constrained their ability to seize larger opportunities. We’re proud to provide a tailored solution that not only resolves those challenges but actively fuels their expansion, ensuring they can consistently meet demand and outperform in a highly competitive hospitality market.”

Dan Stacy, Senior Vice President at Culain Capital, added, “Our client’s growth strategy and operational focus are a strong match for Culain’s approach to supporting emerging leaders in service-based industries. We’re excited to provide the capital they need to pursue larger opportunities and strengthen their position in a highly competitive market.”