(847) 282-4933
350,000
Term Loan
Lighting Products Supplier
Case Background

Recently, a client who had a construction company working with lighting products and supplies approached us. The client had a rapidly growing business and was in need of $300,000 term loan, but his local bank only offered him a loan of $50,000 after a processing time of one month.

Challenge

The major obstacle is that many banks do not finance business loans for construction businesses.

Result

As experts in providing all kinds of unsecured business loans, we secured a loan of $350,000 for 5 years through a crowd funding source at the same terms that was offered by his bank. The processing time for his loan only took 2 weeks and the client has been able to grow his business since then.



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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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