Relieving Construction Budget Constraints
An athletic apparel company was having difficulty in obtaining financing for a sizable construction project.
Taking the company’s near- and longer-term cash needs into account, LEAF developed a two-stage financing plan comprised of a $250,000 initial funding to support cash flow needs and then added $2 million at a later date.
With this flexible financing in place, the company got started on its construction project more quickly and affordably. Now that the dust has settled on this $2.25 million project, the company is now making future growth plans.