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Wheeler Financial Helps T.W. Phillips Access Capital for Growth

February 28, 2020, 07:14 AM

Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with T.W. Phillips Grading Inc. The company is using the capital to expand its fleet of heavy equipment and position itself for growth.

Based in Dawsonville, GA, T.W. Phillips Grading is a family-run business founded by owner Tracey Phillips. With contracts in both the municipal and commercial sector, the business operates heavy equipment to prepare surfaces for roads and building foundations such as schools and new commercial sites. To secure growth opportunities beyond the region, T.W Phillips Grading, Inc. partnered with Wheeler Financial from Pitney Bowes to secure the capital it needed to invest in new equipment.

“There’s great demand and opportunity for our business, especially with continued growth in the northern Atlanta suburbs,” said Tracey Phillips, owner and founder of T.W. Phillips Grading, Inc. “We need to invest to respond to this growth or risk missing out, but we can’t afford to be held back by complex, lengthy access to capital. Wheeler Financial made it easy for us. They were flexible and responsive, and they demonstrated a detailed understanding of our business from the earliest stages. As a result, we have expanded our fleet of excavators and are perfectly poised to grow our business.”

“Small businesses like T.W Phillips Grading, Inc. have every right to secure capital quickly and easily. It’s a prerequisite for growth. In reality, this is far from easy,” said Christopher Johnson, Senior Vice President and President, Pitney Bowes Financial Services. “Wheeler Financial is turning this problem on its head. We have almost a century of experience supporting small businesses. We have a robust history of lending, we have access to capital, and we are vocal about our firm commitment to Main Street. We’re very proud to partner with T.W. Phillips and other hardworking small businesses across America.”

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