Norcal Fire Repair found that LQD could help bridge the gap between a slow cash flow cycle, moving the company's construction along quickly and more efficiently. Norcal President Zach Minor chose LQD over competitors in the market because LQD had the best terms and most flexibility available in a loan product. According to Minor, "Most lenders who want to fund a business like ourselves want to do shorter terms and higher rates. Our total interest expense will be about one-third of what most other companies would charge on the same amount."
ATRService is a growing mechanical engineering firm servicing the hotel industry. ATRS prides themselves on their ability to design, construct, and complete energy saving solutions and plans for buildings and projects of all sizes. But, says ATRS President Dave Glidden, "In our business, projects can be complicated and things can change. We have found LQD to be extremely adaptive and responsive to our financing needs. LQD takes the time to understand our operating cycle and needs, and has been more engaged than other lenders we have worked with in helping us structure the financing solutions we need to continue growing. We feel that LQD is not just a lender, but a real partner in our growth and success."
Source Beauty is a family owned company that distributes salon products and tools to the independent salon industry. They have created an exclusive enterprise that delivers educational resources and empowers those within their network. Through LQD’s financial services, Source Beauty was able to refinance existing loans at a lower rate and over a longer term, significantly reducing their monthly debt service and strengthening the company’s cash flow. LQD also provided Source Beauty with additional capital to sustain the company’s continued growth.
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