(847) 282-4933
35,000
Construction Company
Case Background

We recently had a construction company client working in the industry for 1.5 years specializing in HVAC. The client was in need of equipment loan of $35,000 to purchase materials for his new projects.

Challenge

In order to receive the project the client had to start immediately. But he did not have funds to buy equipment (10 furnaces, 10 ac units + supplies) because he had other projects running and would get paid in 1 month. The client had a history of missed payments, therefore despite his good revenues he was refused a loan by several money lenders.

Result

Our VDA capital experts from our pool of money lenders reached out to one of our ACH vendors and secured an unsecured loan for the client within 48 hours.



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Project details
If applicable, don't include rehab funds being requested at this point in the application. You'll be asked to include the rehab figure later.

PLEASE BE REASONABLE WHEN SELECTING CLOSING TIME. Timing effects your financing options. Usually, the less time we have to close your loan, the more expensive the financing options will be.
"Verifiable improvements" are those improvements that can be substantiated by paid contractor invoices or receipts (no sweat equity)
For the last 6 months.
For the last 12 months.
For the last 24 months.
Total.
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