AGV America Secures $1.25 Million Factoring Deal for Robotics Expansion

Founded in 2020, AGV America has scaled rapidly by acting as a technology-agnostic integrator for warehouse automation. The company deploys diverse hardware, ranging from autonomous mobile robots to complex goods-to-person retrieval systems. President Michael Jones noted that independence from specific equipment manufacturers allows the firm to tailor solutions to individual client needs, though this growth created a capital gap due to extended invoicing terms.

Traditional bank financing failed to account for the high creditworthiness of the firm’s customer base, limiting borrowing capacity despite the strength of the underlying receivables. Marc J. Marin, Managing Director at Gateway Commercial Finance, stated that the new facility unlocks capital previously trapped in these long-term invoices. This transition enables the robotics provider to maintain consistent cash flow while pursuing larger-scale automation contracts across the region.