Sustaining Growth with Strategic Financing

For nearly a decade, a Houston-based construction company has been transforming the homes and businesses of more than 100 commercial and residential clients. Specializing in single-family, multi-unit, and commercial developments, the company is known in the Houston construction market for how it successfully delivers premium quality at affordable prices.

The Challenge

Yet the company faced roadblocks to sustaining growth. To do so, it needed a reliable and cost-effective flow of capital, but it lacked the cash flow to purchase materials, lease equipment, pay employees and subcontractors, and manage other business expenses. Without a steady stream of funds, the company faced turning down taking on additional projects, a situation that threatened long-term growth.

At first the company approached lenders that offer immediate access to capital but at high rates and requiring property as collateral. But the risks were quickly evident: The high costs threatened the profitability of projects, and the collateral requirements posed a risk of losing property in case of any cash-flow disruptions.

Finding an Advisor Who Understand their Needs

The strategic financial solutions provided by Lessen in partnership with Lendflow were the answer.

When first introduced to the Lessen and Lendflow partnership, company leadership was skeptical. How could a free service offer better deals than what was already available on the market? However, an experienced financing advisor from Lendflow put them to ease.

The advisor quickly got to work by approaching dozens of lenders who were interested in making competitive capital offers. A variety of financing options were soon presented, and the company was pleased to find that all offers came in quickly and at much lower rates than seemed possible at the time.

The company’s leadership worked closely with the advisor to select the payment frequency, repayment period, and financing amount that best suited their business needs. Within days, the deal was closed and funded, providing the necessary cash to complete ongoing projects and secure new business opportunities.

Securing More $1Million in Financing 

The relationship between the construction company and its Lessen and Lendflow financing advisor remains strong. By understanding the company’s specific business needs and consistently securing the best deals, the advisor helped them obtain more than $1.25 million in financing over the last couple of years.

Besides helping the company access low-risk capital, Lendflow’s applications are straightforward and without hassle. Freeing up valuable time helps the construction company focus on building its business. Having a trusted financing advisor serve on its team helps the company act more strategically and make informed decisions about its future.

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