Strategic Partnership: NATE, The Communications Infrastructure Contractors Association
Over the last year, wireless and internet service demand hit all-time highs as millions of Americans were forced to move their workspaces from an office to their living rooms. With 5G already an initiative going into 2020, providers were forced to accelerate their efforts towards 5G implementation across the nation.
The support of 5G is going to require service to current cell towers and erection of new towers in many locations. As a result, wireless providers are contracting more and more skilled workers to meet these goals. Unfortunately, we have also seen wireless providers delay payment to cell tower companies by 60/90/120+ days. Meaning, many cell tower companies are often out the cash.
We see this an opportunity to partner with the cell tower industry and help companies get the funds they are owed faster. That is why we are thrilled to join NATE! NATE is a non-profit association dedicated to providing a unified voice for companies across the tower construction and maintenance communities. NATE has truly made a difference by helping formulate and adhere uniform safety standards, facilitate safety training, and many more.
As members of NATE, we are offering a factoring program that can fill the cash flow gap left by wireless providers and help companies keep their workers paid and business running.