LendSpark finances $16.2M construction loan for a single-family residential project

Reducing Loan Payments

The client had four merchant cash advance daily loan payments that were crushing their cash flow and they couldn’t find a better solution.

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LendSpark recently provided a loan to Construction Service Company, a client facing significant financial challenges due to four daily merchant cash advance loan payments that were putting a strain on their cash flow. The client was unable to find a viable solution to their financial problems until they turned to LendSpark for help.

LendSpark worked closely with the client to understand their financial situation and provided a loan that was backed by their real estate. This solution allowed the client to pay off their existing loans and consolidate their payments into a single manageable loan from LendSpark.

The results of LendSpark's assistance were remarkable. The client was able to significantly strengthen their cash flow and refocus their business on growth and expansion. In addition, LendSpark's solution saved the client an impressive $45,000 per month in loan payments, providing much-needed financial relief and a more sustainable financial outlook for the client's business.

Overall, LendSpark's assistance proved to be a game-changer for Construction Service Company, providing the client with the financial support they needed to overcome their challenges and move forward with confidence. LendSpark's commitment to providing tailored financial solutions to its clients has once again proved successful, helping yet another client achieve their business goals and thrive in a challenging economic environment.