Sarah Moosvi, Owner of a Digital Marketing Company
THE OPPORTUNITY AND THE CHALLENGE
Like so many service firms, Sarah carried a lot of outstanding account receivables every month. Clients often don’t pay on schedule, which was forcing Sarah to dip into her savings. Not what she – or any small business owner – wants to do. She needed the working capital to bridge the gap between revenue deposits so she could stay out of her savings account while keeping up with her customers’ demands.
Between current clients, staff, and meeting new potential clients, Sarah’s schedule was unpredictable. She is constantly moving between meetings and phone calls, which limited her availability to talk with her account executive.
Despite Sarah’s hectic schedule, we were able to secure her funding within 2 days. In order to move quickly and efficiently on Sarah’s file, we were going to have to prevent her schedule from becoming an obstacle.
“I made sure to get all the information I needed upfront so I wouldn’t need to go back and forth with Sarah knowing that she is unavailable at times. Through text, email or phone we completed her file, got approved for a working capital program, and presented all closing stipulations needed to deposit working capital in her checking account.”
Sarah’s schedule is what’s expected of a small business owner today. She needs to serve the clients of her growing business, all while setting up sustainable business operations. Bryan says, “She’s projected to double her gross monthly revenue in the coming months. Her plan is to establish payment history and renew half way through the program when she is eligible for additional working capital at better rates and terms.”
We will be there to help her when she’s ready.
WHAT SHE SAID
“Fantastic! Going for funding is usually nothing but a headache, but they made it a breeze. My account manager was incredibly accessible and made sure the loan application process moved forward, even when my attention got pulled in other directions.”