This client was in distress! Due to ongoing construction in the mall where his business was located, his slow season became almost catastrophic.
As my client made many attempts to attain working capital from the bank, private lenders and even some family members, he was still unable to find the money to keep his business operational.
My client needed the maximum we could advance him. Only $8,000.
Although not a lot of money compared to our average advance size, it was significant enough to keep his business alive until the construction had completed 6 months later.
With the new look and modern feel of the mall after the construction was finished, it proved to be well worth the wait for him. With much more foot traffic and higher end clientele today, the days when money was a problem are no more!