They Needed Business Credit & Capital
- JC Smith
- Oct 2, 2017
- 1 min read
I just had a message on LinkedIn from a company that is seeking some capital. They just told me that the economic crash in 2008 had hurt their personal credit and the banks had turned them down. They really need a cash infusion for a new piece of equipment to do a big job. They said if they get this piece of equipment they can do the job faster and more efficiently which would dramatically increase their profit margin. In turn the increased profit margin helps their business become more stable and they can begin to compete in the market more aggressively.
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