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.
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.