Case Study: Steel River Group achieves faster cash flow and project funding with FundThrough

Steel River Group - Customer Case Study

Steel River Group, an Indigenous-owned and operated construction and service management firm in Alberta, Canada, landed a $50 million project but quickly ran into a major cash flow challenge when its customer stopped paying on 15-day terms. With only a $1 million line of credit and a $1.2 million payroll bill looming, the company needed a way to keep paying suppliers, subcontractors, and employees without straining relationships or waiting months for payment.

To solve the problem, Steel River Group turned to FundThrough and used invoice factoring to get paid faster on outstanding invoices. FundThrough helped the company access cash within 48 hours, giving them the working capital needed to meet payroll, cover expenses, and keep projects moving while preserving supplier relationships. Steel River now regularly uses FundThrough to manage short-term financial stress and maintain peace of mind.

Steel River Group

Kevan Mikkelsen

Finance Lead