Security Guard Company
Two-year-old company faced a 45 day gap between invoicing and receiving payments from customers.
The six-year-old company was seeking to refinance its line when it became a victim of a bait and switch scenario by an unscrupulous lender. Shortly before loan closing the company learned that the lender’s actual terms varied drastically from the original proposal.
Refrigeration and A/C Services
The fifteen-year-old seasonal business had fluctuations in sales and cash flow throughout the year. A request for a line increase to provide additional working capital during peak periods was declined by their bank.
Snow Removal Company
Six-year-old business had outgrown its line of credit with a local bank.
A re-start of a company lacked financing for working capital needs.