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Olympus Business Services Accelerates Growth with Working Capital

Olympus Business Services secured a $200,000 working capital loan to expand staffing capacity and accelerate client onboarding, resulting in 40% revenue growth within 12 months.

Ursula Martinez, Chief Operating Officer of Olympus Business Services a business-services business in Northern California standing with a calm, assured presence

Executive Summary

Olympus Business Services, a growing HR and administrative consulting firm in Northern California, faced a critical growth constraint in 2023. The company had strong client demand but lacked the capital to hire additional staff and invest in technology infrastructure. A strategic $200,000 working capital loan provided the necessary resources to capitalize on market opportunities.

The Challenge

  • Inability to fulfill client contracts due to insufficient staffing capacity
  • Cash flow constraints preventing investment in recruitment and onboarding systems
  • Losing competitive bids to larger firms with greater operational flexibility

The Solution

Olympus Business Services required working capital financing to bridge the gap between rapid growth and available cash reserves. The company's strong client contracts and recurring revenue stream made it an ideal candidate for a flexible credit facility. Rather than pursue traditional bank loans with lengthy approval processes, the working capital loan provided immediate access to capital.

The $200,000 was strategically deployed across three areas: $85,000 for recruiting and onboarding five new consultants; $75,000 for technology infrastructure including CRM and project management software; and $40,000 for working capital reserves to cover payroll during client billing cycles. This capital infusion eliminated the gap between service delivery and cash collection, enabling the company to accept new contracts without financial strain.

Ursula Martinez, Chief Operating Officer

"The working capital loan allowed us to invest in our team and infrastructure when we needed it most. We went from turning away clients to scaling rapidly and capturing market opportunities we previously couldn't handle."

The Outcome

  • Revenue increased 40% year-over-year, from $1.2M to $1.68M in the first 12 months
  • Team expanded from 8 to 13 full-time employees with improved capacity utilization rates
  • Client retention improved to 92% as service delivery quality increased with adequate staffing levels

Conclusion

The working capital loan proved to be a critical catalyst for Olympus Business Services' growth trajectory. By securing timely capital, the company transformed from capacity-constrained to growth-focused, solidifying its position as a leading HR consulting provider in Northern California.

Looking Forward

Olympus Business Services is now planning a second expansion phase to penetrate the Sacramento and San Diego markets. Management is evaluating additional financing options to support geographic expansion while maintaining the operational excellence that has become their competitive advantage.

Olympus Business Services

Overview

Olympus Business Services is a Northern California-based HR and administrative consulting firm serving mid-market companies throughout the Bay Area. The company specializes in talent acquisition, payroll management, and business process optimization.

Industry

Business Services

Location

Northern California

Amount

$200,000

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