11/04/2024
Allow me to tell the story of Ann:
Ann is a restaurant owner and has a very popular establishment.
So good in fact, that there’s usually a waiting list to enter and dine.
To solve the waiting issue, she wanted to build an add-on to increase the capacity.
The cost of the renovation to would be $100K
PROBLEM: She did not have great credit
Not even good credit
So the Banks were out
So she came to US!
We had to be honest with her. Because her credit was not as good, the price of the funds would be reflected in how much the payback would be.
Only 1 provider even offered her a loan.
They will give her $100K, but her payback would be $150K.
SHE TOOK IT!
She was so confident in the increased revenue from having the addition that she didn’t even care about the payback amount.
She received her funding.
She had the work done for the add-on patio space.
And her revenue DOUBLED!
She became so profitable that she was able to pay the provider back EARLY!
Sometimes you have to do uncomfortable things and make tough choices to get where you need to go!
These are the type of people we are trying to connect with and provide funding to.
The ones with the belief in themselves and just need a little extra push to reach their next level!