Cayemitte Capital Management
Introducing Cayemitte Capital Management
Real Time Capacity Building with
Double Bottom Line Results
Click Here for the DASNY Capital Management Program
Cayemitte Capital Management Model
Why does the CCM model work so well?
CCM is very successful because it offers a comprehensive response that:
• Provides Third-Party Oversight
• Solves the Access to Capital dilemma for MBWEs
• Helps MBWEs Build Capacity
• Provides Back Office Support to allow greater focus in the field
• Verifies Commercial Useful Function (CUF)
(What is CUF? “A DBE, or Disadvantaged Business Enterprise, performs a Commercially Useful Function when it is responsible for execution of the work of the contract and is carrying out its responsibilities by actually performing, managing and supervising the work involved.”)
• Produces Transparency to support a strengthening relationship between the Prime, General Contractor and MWBE contractor
• Deters and Prevents MWBE Construction Fraud
Inspirational Case Study
The Level 5 Story
Propelled to New Level of Growth and Opportunity with
Support from Cayemitte Capital Management
My name is Christopher Black, CEO of Level 5, Inc. I have had the pleasure of working with David Cayemitte, CEO of The Cayemitte Group for many years. Prior to founding Level 5 in 2015, for 25 years I was President of New England Construction, a dry wall and carpentry company. New England Construction executed over $500,000,000 in projects as an MBE in New York. TCG was instrumental in helping New England Construction to secure a bond line more than 10 years ago. In 2015 when I began thinking about forming Level 5, Inc., I called David Cayemitte and asked him to help me build the foundation of the company. David and his team worked with me to build many aspects of my business’ development, including writing our business plan, helping to raise capital, fleshing out our back-office infrastructure, helping to establish a banking relationship and credit facilities, brokering our insurance and bonding and more.
Perhaps most important to Level 5’s launch and subsequent growth was our utilization of Cayemitte Capital Management (CCM). CCM provided access to capital before the project began and again for each subsequent month, assured my clients that all project expenses were paid on a timely basis including vendors, suppliers and unions. CCM managed and executed project certified payroll affirming that we performed a Commercially Useful Function and worked with Level 5 to close out all liabilities. This allowed me to secure and complete $9.1 Million in projects that I would not have qualified for without CCM’s support. Thanks to TCG and its CCM product, Level 5 has propelled to a level that reflects my capabilities and I am well prepared to keep growing!
Incentives
To implementing CCM for the:
Project Owner/Agency/Prime/
Construction Manager/Surety/Lender
BIG PICTURE INCENTIVES
- TCG/CCM provides transparent reporting to lender throughout the project.
- Upon closeout all project liabilities have been satisfied and lien waivers secured.
- Letter of Good Standing secured from Union.
- Lender has been paid in full for Emerging Contractor’s loan or line.
- Using CCM helps the Emerging Contractor to grow into more and larger contracts, making it easier to satisfy goals.
To implementing CCM for the:
Emerging Contractor
BIG PICTURE INCENTIVES
- Helps to qualify to Access Capital.
- Helps to qualify for Bonding.
- The Emerging Contractor works toward back-office independence as they learn by watching the process unfold.
- The Emerging Contractor builds a track record of on-time payments, and this facilitates better credit terms from vendors and sureties.
- The Emerging Contractor works toward qualifying for larger projects.
- Assists the Emerging Contractor to build a strong financial foundation.
Current Clients
CURRENT CCM ClIENTS INCLUDE:
- Level 5 Inc.
- WATT + FLUX an LED Inspire Company
- Premier Enterprises Co., Inc
- Dormitory Authority – State of New York (DASNY)
- Jingoli Contractors/Construction Managers
- DCO Energy, LLC
- Cross Mechanical Heating & Air Conditioning
- E. Smith Contractors LLC