Drop My Fees Secures Major Funding with 47 Capital Management Seven-Figure Investment to fund Projects, Working capital, and Expansion Plans -- 47 Capital Management to provide project financing for utilities savings projects via $1.5M investment into Drop My Fees LLC -- Drop My Fees LLC is a full-service utilities savings company with headquarters in Boca Raton, Florida -- With this investment, 47 Capital Management plans to fund expansion by providing working capital and project financing lines News provided by Share this article Share this article FORT LAUDERDALE, Fla., Jan. 15, 2021 /PRNewswire/ -- 47 Capital Management (www.47mgmt.com) today announced the signing of definitive agreements with Drop My Fees LLC ("DMF" or the "Company") to provide financing for savings projects, working capital, and expansion plans (the "Transaction"). The Company, founded and managed by Jared Hollander, is a full-service utilities savings company focused on providing audits, products, and financing that results in utilities cost savings to customers throughout the Southeastern United States. As part of the Transaction, 47 Capital Management, through an affiliate, will provide financial consulting services to the Company. The transaction is expected to close by January 15, 2021, or sooner, upon completion of standard closing requirements.