Client required additional cash flow to wind up a number of existing projects while waiting on progress payments to come in which would allow them to move onto bigger projects.
Client was unable to find a traditional lender willing to lend to the building industry without any property security. Fortunately our small business lender partners will assist residential and commercial builders and were able to approve and fund a loan of $180,000 in just 2 hours.
We understand business owners are passionate about their business which is why we look beyond just ticking boxes. All our lender partners have an open-minded approach to credit and when assessing applications look for ways to approve deals, not decline them.
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