Credit Challenges for Purchasing

Company: Manufacturing Company

Challenges:

They had bad business credit, past credit challenges with personal credit, and minimal credit length history in general which makes it difficult for traditional financing. They had a need for a new laser etching machine but couldn’t find financing for it.

Solutions:

We wanted to help them because they are local to us. We love helping locals find financing, that is a huge passion of ours, to help companies in our own community.

Results:

We financed them for the full amount an they wee able to get their new machine. We love to support local, so we got some of our own LendSpark water bottles made through their new laser machine.