Cell Tower Company Factoring

Some Sectors We Factor

We Serve Businesses Nationwide

Reliable Cash Flow for Cell Tower Contractors

Working directly for a Carrier, Turfing vendor, tier-two, or tower owner requires waiting for invoice payments up to 120 days. Close-out packages missing information, slow change orders, slow-moving PM’s not approving your invoices, end-of-quarter budget problems, or other red tape can cripple your cash flow. Invoice factoring offers a solution by providing quicker access to working capital.

Whether you are climbing, working on base stations, testing, site prep, pouring caissons, utilities, erecting iron, running tiger teams, or performing security, we’ve got you covered!

Since 2007, we’ve supported dozens of telecommunications service providers, from start-ups to regional providers. We understand the telecom industry.

Sky-high Problem...

“We could not have picked a better and a worse time to start our business.” Kathy Barns owns 5X Telecom Services. “I spent nearly 20 years as a project engineer with one of the nation’s largest cellular companies. My rolodex is literally the who’s who of the industry, and we all essentially grew up together in the business.”

Kathy decided early in 2019 to launch her own cell tower service company and hit the ground running in April. “I had assembled four highly competent service crews, fully outfitted trucks, and necessary equipment. I was awarded upgrade projects directly from one carrier and two turfing vendors; we were working the moment the MSAs were signed. In the first month, I exceeded my projections by 35%, and in the second month by an additional 30%. Then the payment/COVID slowdown hit.”

In May, Kathy received notices from nearly all of her customers that terms were with the telecommunications space, knew her customers, and were able to put a program in place for her to ensure she had adequate cash to continue to support her project needs. “Gateway truly has a niche in the tower space. They knew my customers’ processes and the complicated billing process that goes along with it. Nice to work with professionals!”

...Simple Solution

Common Financial Challenges Faced by Tower Contractors

Inconsistent Cash Flow: Tower contractors often face challenges with fluctuating cash flow, making it difficult for them to effectively handle travel expenses, per diem, suppliers, and payroll.
Slow-Paying Customers: Telecom operators and other telecom companies are burdened with red tape, affecting timely payments. This bureaucracy directly affects a contractors’ cash flow.
Access to Cash: Traditional bank loans can be arduous to secure, especially for business owners with less-than-perfect credit scores, restricting access to essential cash for growth and operations.
Operational Cash Needs: Cell tower construction, maintenance, and installation are cash-intensive operations that require a steady cash stream to sustain staffing and materials.
Outstanding Invoices: Operating with significant amounts of unpaid invoices can cause cash flow gaps, impeding the ability to take on new projects and maintain a competitive edge.

Our experienced team understands the unique financial needs of tower contractors. That’s why we offer tailored factoring solutions, bridging the gap between billing and payment, providing consistent cash flow, and supporting your growth and operational stability.

Connection is critical in John's business

John Hawthorn is president of Phoenix Telecommunications. Phoenix provides 3 out of the 5 major cellular providers with base station maintenance and hardware system upgrades. “For the past 24 months, we’ve been fully engaged in 5G upgrades. Everything we do is extremely time-sensitive from material deliveries, to crew deployment and testing. The last thing I need is inconsistent cash flow”.

John approached Gateway after falling behind in payroll tax liabilities and nearly losing two-thirds of his employees. Gateway worked with John and his IRS revenue officer to structure an amicable installment agreement while ensuring a timely and reliable payroll for his employees. “Thankfully, when I picked up the phone, Gateway understood my dire situation and took the necessary time to listen. Something I can truly appreciate”!

Talk to us... we'll listen!

Advantages of Invoice Factoring for Cell Tower Contractors

Invoice factoring unlocks the potential of accounts receivable, offering critical advantages for cell tower contractors.

Faster Access to Working Capital: Quick access to working capital is a significant benefit. Traditional bank loans can take weeks or months, whereas invoice factoring typically provides funds within 24 hours.
Accessible Qualification Requirements: Invoice factoring is an alternative financing option that focuses more on the strength of your invoices and the creditworthiness of your customers than on rigid credit scores. This makes it an excellent option for contractors who find it challenging to meet the demands of traditional lenders.
Flexibility in Financing: Invoice factoring is a flexible cash flow solution that allows you to leverage outstanding invoices as necessary rather than relying on a set loan amount. This flexibility can be a game-changer for managing your cash flow effectively.

Our Typical Cell Tower Factoring Customers

Since our inception, we’ve supported Cell Tower Contractors from site development to routine bulb changes. Our clients have provided services directly to Tower Owners such as American Tower, SBA, Vertical Bridge, Carriers such as AT&T, T-Mobile, Sprint, Turfing Vendors, Black and Veatch, Mastec, Goodman, Dycom, and Bechtel.

Our factoring company has provided enhanced cash flow to hundreds of telecom contractors serving the cell tower industry, including:

Cell tower construction companies
NATE members: Cell tower erection companies association
Cell tower maintenance and repair contractors
Several other specialty wireless contractors serving telecommunications companies

If you want to learn more about how our factoring services can boost your cell tower contracting company’s cash flow, please call 1-855-424-2955 or request a quote. We’ll make sure a decision-maker.