The Hedaya Capital Group recently provided a $2.5 million factoring facility to a Maryland-based energy service company working to improve energy efficiency for industrial buildings, warehouses and offices as well as retail, hospitality, and healthcare environments. The Company designs and implements smart lighting systems and high-performance solutions; as well as finances utility company rebates for clients so solutions can be implemented faster.
With strong interest in greener energy and government rebates, the Company has a strong project pipeline and projected 2026 sales of $12 million. The Company’s founder, who previously worked with David Huber — now Hedaya’s Vice President, Portfolio and Operations Manager — reached out to explore options.
Huber and his team conducted due diligence quickly and structured a $2.5 million factoring facility to support the Company’s continued growth and provide them with a go-forward lending solution.
“Based on their historical successes and a strong owner partnership, this well-established Company has a robust path forward with our additional lending support,” Huber said. “I am excited to see them grow and create safer, more efficient workspaces.”
The new facility will enable them to hire additional crews, service a greater number of projects, and work with additional utility companies.