WHERE ARE THEY NOW : BAPE
A boiler skid fabricated by BAPE
into a 10,000 sf fabrication facility in San Francisco and that ’ s already getting too small for us .”
In the past , BAPE experienced some cash flow issues and reached out to MWIS ’ John Miller , Project Manager for Contract- Based Finance ( CBF ), to enroll in the Contractor Accelerated Payment Program ( CAPP ), which provides low-interest loans to participating contractors who ’ ve been awarded a contract with a public agency program sponsor . “ We used the CAPP loan twice to meet our day-to-day cash flow and payroll ,” says Josh .
As part of the CAPP application process , John Miller showed them how to set up financial spreadsheets to generate cash flow projections and work-in-progress reports ; once Mara got the hang of doing these , it made it easier for them to provide the required business and personal financial statements when they later decided to pursue additional financing for other projects , which John Miller also helped them locate .
“ John educated us about when it makes sense to use financing versus when it ’ s
FIRST QUARTER 2025 CONTRACTOR TOOLS - 27