THE CLIENT

For ten years, this asphalt contractor in southern Louisiana built his business the way most small business owners do. He started with small clients with manageable projects and worked hard to earn more prominent clients with more extensive projects – providing high-quality asphalt paving and sealcoating on driveways and roads, private and municipal projects all around southern Louisiana.

This business owner was recently awarded an extensive municipality job that involved large and small roads and driveways for government buildings. But his machines and equipment were too big, and his only smaller unit had broken down and couldn’t be repaired.

THE CLIENT’S CHALLENGE

The business owner’s dilemma was simple – he needed to replace the smaller, broken machine with a new one, and he needed it fast. It wasn’t just a matter of getting the funding quickly –the new machines had to be ordered, delivered, and on-site ready to work before the date the project was set to begin.

In addition to timing concerns, the business owner was extremely concerned about rates. He made it clear that he was committed to securing the absolute lowest rate possible. And finally, he needed a loan that required little to no money down.

THE APEX COMMERCIAL CAPITAL SOLUTION

$37,500 Equipment Financing • Approval in under an hour • Extremely low rate

When the business owner spoke with the lending specialists at Apex Commercial Capital, he made it clear that he needed three things: to get the money to get the new unit fast, to get the lowest possible rate, and no money down or as little as possible. Because of Apex Commercial Capital’s flexible, streamlined processes, none of these requests were a challenge.

Fast approval was certainly not a problem – Apex Commercial Capital issued an approval in under an hour. The rate presented was extremely competitive. And, as requested, the lender was able to offer minimal money down.

FINAL RESULTS

With equipment financing from Apex Commercial Capital, the business owner was able to purchase the new machinery he needed to handle every aspect of the municipal project. Very little money was required for closing, and the terms were equitable enough not to hurt the business’s future financial plans.

The asphalt company has the equipment needed to bid on larger municipal projects, no matter how large or small, and continue growing as it has for the past ten years.