Achieving Growth Through Solid Financial Support
Real Network Services, Inc. is an electrical contractor specializing in the installation of electrical and low voltage cabling systems.
The company became a client of the Dallas MBDA Business Center to explore finance options for growing their business. The MBDA was instrumental in expanding Real Network Services' bonding capacity and cash flow. As a result of consulting services from MBDA, Real Network Services secured $4 million in financing that supported over 70 jobs created and retained.
| Minority Business Community At-A-Glance A | ||||
| Business Owner | Number of Firms | Gross Receipts ($1000s) | Average Gross Receipts | Paid Employees |
| African American | 154,283 | $9,280,648 | $60,153 | 72,652 |
| American Indian & Alaska Native | 18,997 | 3,683,877 | 193,919 | 13,168 |
| Asian American | 114,297 | 40,209,344 | 351,797 | 206,545 |
| Native Hawaiian & Pacific Islander | 1196 | 376,969 | 315,191 | 1,106 |
| Hispanic American | 447,589 | 61,895,886 | 138,287 | 395,673 |
| All Minority | 723,057 | 114,948,623 | 158,976 | 690,956 |
| MBDA CLIENT ASSISTANCE BY SECTOR | ||||||
|  | Private Sector | Federal Government | State Government | Local Government | Not Disclosed | Total |
| Dollar Value of Contracts | $94,655,839 | $58,170,558 | $246,665 | $13,455,911 | – | $166,528,974 |
| Dollar Value of Capital | 78,523,000 | 32,974,076 | 784,381 | 50,000 | – | $112,331,457 |
| Number of Contracts | 55 | 56 | 2 | 17 | – | 130 |
| Number of Capital Transactions | 26 | 3 | 2 | 1 | – | 32 |
| TOTAL TRANSACTIONS | 81 | 59 | 4 | 18 | – | 162 |
| MBDA CLIENT ASSISTANCE BY INDUSTRY | ||
| Number of Transactions | Value of Transactions | |
| Agriculture, Forestry, Fishing & Hunting | 1 | $250,000 |
| Construction | 66 | 128,853,801 |
| Manufacturing | 5 | 5,957,763 |
| Services | 14 | 60,700,872 |
| Wholesale Trade | 75 | 83,097,994 |
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Performance’
Published on: 19/04/2017
