Customer Story

US Air Force Veteran Builds a Leading Helicopter Maintenance Business

August 30, 2024

Michael Faris, President and founder of PRIMEHAWX, LLC, a specialized maintenance provider for the Sikorsky H60/S70 helicopter platform, has worked in the aviation industry for over 19 years. He got his start in the US Air Force and earned his Airframe and Powerplant license and Inspection Authorization. Michael has a passion for ensuring the safety and performance of aircraft, and with his specialized knowledge, has created a robust maintenance program for the H60 aircraft and became a key expert in his field. With the knowledge and skill set acquired over many years, Michael decided to open his own business, PRIMEHAWX, LLC, in December 2022 for the industry to lean upon.

Need for Capital

As a fairly new business, Michael needed working capital for several reasons, including purchasing equipment and using it for payroll while waiting on contracts. He quickly realized that traditional small business loans are hard to come by for a new business, so he also needed a way to build his business credit.

Why Forward

To kick off his search for capital, Michael worked with a broker who introduced him to Forward Financing. He understood that there were many options available for capital, so what really piqued his interest was his ability to build business credit with Forward. After his first round of funding, Michael was able to boost his credit enough to qualify for several traditional loans.

That being said, Michael now has a great working relationship with Forward and knows he can count on us for quick and reliable working capital whenever the need arises.

Interested in learning more about how Forward can help your business? Check out our product or submit your application today. Still have questions? Give us a call at 888-244-9099 or email us at info@forwardfinancing.com, our team is available Monday through Friday from 9 AM to 6 PM EST.