
Equipment Purchasing for Restaurant
Case Overview
Reason: Business Expansion
Funding Amount: $80,000
Approval Amount: $80,000
Industry: Restaurant
Use of Funds: Equipment Purchasing
Program Type: Equipment Financing
The Story
Ivan Ortega sits down once again to discuss a how he secured equipment financing for a restaurant owner in Nevada. He details how they connected, how they overcame the complications that came up, and the clients excitement of being able to secure exactly what she was looking for.
The Details
The Client
Restaurant business owner located in Nevada
Multiple owners (second owner discovered during process)
Opening a new restaurant location
Found Capital Infusion through Facebook marketing
Had credit complications on file
The Situation
Needed equipment financing for new restaurant location
Contacted multiple brokers who claimed to offer equipment financing
Other lenders failed to deliver actual equipment financing programs
Received a decline email during the process due to:
Discovery of a second business owner
Credit issues with one of the owners
Client was managing multiple responsibilities (hiring and training for new location)
The Solution
Capital Infusion listened carefully to the client's specific needs
Leveraged strong lender partner relationships to find the right program
Worked through complications with additional documentation and clear communication with lender
Required only a few phone calls, proper documentation, and follow-up emails
Successfully secured approval and funded the deal within 48 hours of approval
Equipment was purchased and shipped to the new location
Client was able to focus on hiring and training while Capital Infusion handled the financing process
Established a reliable, ongoing financing relationship with the client