Company: Construction
Challenges:
They had four owners which is always a challenge. Then, adding more to the challenge was the ownership didn’t match the paper work. The company had a substantial amount of loss over 10 years’ time. They had started to see growth, but their bank statements still weren’t up to par for traditional financing options.
Solutions:
Our team evaluated their potential for growth for the company and determined the potential in them. We crafted a loan structure that optimized their growth.
Results:
We were still able to approve financing. Since then, the customer has come back for additional financing for equipment.