Unconventional Loans – Small Business Loan

Here’s a great example of what a Small Business Loan is for:

A Heating and Air-conditioning company out of Greenacres Florida needed operating capital to pay off some bills including their vendor’s as well as some tools for the new truck they just bought for an additional crew.

My clients have a wholesale direct account with their vendors for material and supplies, but because they’re maxed out with over-due balances, they’re unable to get the wholesale price supplies they need for a job that they already have on the books.

Plus they’re missing out on new business because they currently aren’t in a position to competitively bid jobs because without available credit with their primary vendors, they can’t get the reduced cost that they need to be competitive.

Their $15,000 loan will fund tomorrow. Starting next week: 1. They will have new tools to get their additional crew working. 2. They will be able to start their new job. 3. They will have their vendor wholesale account relationship back in order putting them in a position to get aggressive on 10 bids they’ve done these last 2 weeks that they didn’t get.