Construction Equipment
Case Overview
Reason: Equipment Upgrades
Funding Amount: $375,000
Approval: $580,000
Industry: Construction
Use of Funds: Operating Expenses
Program Type: Working Capital
The Story
Meet Ivan Ortega, a senior advisor here at Capital Infusion, he sits down with us to discuss the relationship he built with a construction company in Nevada and the details of their initial conversation two years ago.
He walked us through their first meeting, what the client's initial needs were, the other offer he had available to him, and how he was able to secure the $300,000 when our competitor was unable to.
The Details
The Client
A construction company based in Nevada.
Has received over $2 million in funding from Capital Infusion over 2 years.
Initially working with a competitor before reaching out to Capital Infusion.
The Situation
They needed a minimum of $300,000 quickly, within 24 hours.
The client was only being offered $250,000 by another lender.
The client expressed urgency for fast access to funds.
The Solution
Conducted a pre-qualification call and identified that the client qualified for more than expected.
Promised funding by 3:00 p.m. the next day.
Over-delivered:
$375,000 approved by 12:00 p.m..
$370,000 deposited by 2:30 p.m. the next day.
Demonstrated speed, efficiency, and value beyond the competitor’s offer.