QualiFi, LLC Delivers a $500,000 Multi Year Term Loan to a Women Owned Architectural Firm.
Eddie DeAngelis
Borrow I Build I Believe I assist business owners frustrated with their cash flow, steering them away from costly financing mistakes and saving them thousands of dollars in interest through more effective solutions
Cameron Mathes, funding manager at QualiFi, LLC , assisted our client in attaining upfront capital to bring on new employees.
The company has been in business for 30 years with gross annual sales exceeding $5 million. Cameron soon discovered the need for capital was to fuel the expansion of their employee base, and take on three new large projects. These project opportunities are linked to a historical preservation site.
The company has an existing bank line of $300k they hadn't used and wanted to leave it untouched. After shopping around, to find the best solution, they came to us seeking the best option for their expansion. After a 30 minutes Zoom discovery call, Cameron Mathes determined this client would be a perfect fit for one of QualiFi’s best products; a multi year term loan. We were able to secure?a very affordable $500,000 multi-year term loan with no prepayment penalty for early payoff.?
With limited documentation, 6 months of bank statements and the 2022 business tax return, we were able to quickly acquire funding for this company and enable them to take on the new endeavor and accept the project.
Once this project is completed, the goal is to earn future bids to help them continue to grow!
A few huge benefits of term loans are their lower interest rates starting at Prime+1, ability for operational cash flow to be used elsewhere, fast approvals, streamlined application process, flexibility, tax advantages, and credit score boosts.
Term loans have an array of advantages, and can be the most feasible option when financing large investments, such as hiring new employees, opening new locations, and investing in new equipment or vehicles to grow your business.
Term loans are best when looking into long-term growth of a company, and are commonly used for purchasing assets that will not be converted to immediate cash flow.
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If any of these above sound familiar and you feel your business can benefit from partnering with QualiFi, we'd love to assist you.
Having money at your fingertips when you need it most is key!
Save time & book directly with Cameron !
To learn more about QualiFi and our solutions helping businesses with multi-year term loans credit-lines & many other solutions, please visit us goQualiFi.com or simply Apply Now to get QualiFied (no pun intended)
BORROW BUILD BELIEVE ...... QUALIFI
USMC Veteran ISO Relations - Business Development @ Legend Funding
7 个月Well done Team Qualifi
Senior Finance Officer - QualiFi LLC I Philanthropist I Published Author I Nonprofit Director I Public Speaker I Entrepreneur I Honorary Doctoral Degree-Doctor of Philosophy in Divinity I Minister I Commercial Lender
7 个月Well done Cameron … you are a phenomenal human. Congratulations on this win ?? ????