Restaurant Gap Receivables Coverage
Case Overview
Reason: Gap Receivables
Funding Amount: $70,000
Approval Amount: $70,000
Industry: Restaurant
Use of Funds: Business Stability
Program Type: Working Capital
The Story
Guillermo Loaiza se sienta con nosotros otra vez para hablar de un cliente que le pudo conseguir $70,000 en 24 horas. Guillermo discute la razón por la que el cliente necesitaba el dinero urgentemente, los términos que el cliente quería, y por el cliente decidió que él era la mejor opción.
Guillermo nos guía por el proceso de consiguiendo los fondos para su cliente y cómo les personalizó los términos para ellos.
Guillermo Loaiza sits down with us again to talk about a client who was able to raise $70,000 in 24 hours. Guillermo discusses why the client needed the money urgently, the terms they wanted, and why the client decided he was the best option.
Guillermo walks us through the process of securing the funds for his client and how he customized the terms for them.
The Details
The Client
The client is a restaurant owner based in the state of Georgia.
They initially connected with Capital Infusion after responding to a marketing outreach campaign targeting local business owners in need of capital.
The client had an existing loan from another lender but was open to exploring additional financing options.
The Situation
The client needed immediate working capital to purchase inventory and cover monthly business expenses.
At the time, their business was experiencing slow cash flow, making it difficult to stay current on expenses.
The client was also comparing offers from another funding provider and wanted to ensure they received the best possible deal.
Because the business operates on daily income from restaurant sales, the client preferred a daily payment schedule instead of weekly payments.
The Solution
I recommended an additional short-term loan that would establish a new internal credit line with Capital Infusion.
The program was structured to fund in less than 24 hours with minimal stipulations to meet the client’s urgent needs.
I offered a higher funding amount than the competitor, which helped secure the client’s trust and business.
The payment plan was customized to a daily schedule to align with the restaurant’s daily cash flow.
The client received the funds the same day, allowing them to purchase inventory and cover operating costs immediately.
After funding, I maintained ongoing communication with the client through monthly follow-ups to monitor performance and explore additional or refinanced capital options once their credit with us was established.