Automotive Capital
Case Overview
Reason: Operating Expenses
Funding Amount: $23,000
Approval: $23,000
Industry: Automotive Body Shop
Use of Funds: Debt Consolidation
Program Type: Working Capital
The Story
Welcome Guillermo Loaiza as he sits down with us for the first time to discuss a automotive shop he was able to help secure $23,000 in Working Capital. The client was looking to pay down some debt he had acquired through previous loans, complete some projects he had on pause due to the lack of cash flow, and how he was able to secure the funds within 24 hours of first speaking to the client.
Bienvenida a Guillermo Loaiza, quien nos habla por primera vez sobre un taller automotriz al que ayudó a conseguir $23,000 en capital de trabajo. El cliente buscaba saldar una deuda adquirida con préstamos anteriores, completar proyectos que tenía en pausa por falta de flujo de caja y cómo consiguió los fondos en 24 horas desde su primera conversación.
The Details
The Client
The client is a business owner located in Tampa, Florida.
At the time of engagement, the client had multiple active loans tied to the business.
He was looking for a way to pay off these existing obligations and get access to more flexible working capital.
The Situation
The client was actively seeking a solution to consolidate or eliminate his current debt positions.
He lacked familiarity with retrieving certain financial documents, such as credit card processor statements, which slowed down his access to funding elsewhere.
The lack of working capital was delaying important business projects, prompting the urgency to find a reliable funding partner.
The Solution
The advisor helped the client complete a quick application and submit recent bank statements.
He also guided the client through downloading credit card processor statements.
Capital Infusion provided $3,000 in working capital within 24 hours.
The client used the funds to start paying off other loans.
Once those loans were paid off, the client qualified for a second, larger funding amount with better terms.
The client was able to restart business projects and now has fewer debts and better funding options.