From Cash Flow Crisis to $15M Success
How Jeff Kay Scales Businesses through financing with Upgrade
- Jeff Kay has partnered with Upgrade to help contractors grow their businesses by leveraging financing. Together, they fix the business’s cash flow issues and help scale their revenue.
Overview
Eliminated $200,000 in aged AR
Scaled revenue by $10 million
Closed high value leads
Challenges
When Jeff joined East Coast Roofing & Siding, it was facing significant challenges, including over $200,000 in aged accounts receivable that strained cash flow and hindered scalability. High ticket project costs averaging $18,000 made projects less affordable, and the lack of financing reduced sales and leads. Without predictable payments, the company struggled to manage cash flow, scale, and grow.
$200,000+ in aging receivables
Cash flow was unpredictable
The sales team was spending time on leads that were not qualified
Solutions
By leveraging Upgrade's financing platform, Jeff implemented solutions that not only eliminated aged accounts receivable but also transformed the company’s cash flow, improved operational efficiency, and enabled significant revenue growth.
Offered payment options
Predictable Revenue from financing helped fuel investments in marketing, operations and customer experience.
Closed high value leads
Jeff Kay
Jeff Kay Group
Jeff Kay has partnered with Upgrade to help contractors grow their businesses by leveraging financing. Together, they fix the business’s cash flow issues and help scale their revenue.
”By implementing financing and partnering with Upgrade, we went from $2-3 million to $15 million in revenue. It fixed our cash flow issues and gave us the foundation to scale effectively.”
Jeff Kay
Owner
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