A mid-sized business specializing in producing stone material faced a great opportunity to grow its operations. The company had consistent revenues between $7MM-$9MM a month but needed business working capital to buy more material for upcoming projects and secured $7.5MM from VIP Capital Funding.
Solution by VIP Capital Funding:
The manufacturing company got in touch with VIP Capital Funding and secured $7.5MM business financing. The Immediate application process and quick approval time ensured that he funds were received in a swift manner for the Business Owner to get to work right away.
Implementation-
Stone Material Purchase:
The Business Owner used the funds to acquire a large amount of stone at a 30% bulk discount to negate the cost of VIP Capital Funding’s loan.
Results
Revenue Growth:
With the substantial purchase in material the business was able to generate twice as much revenue resulting in 75% more ROI over the course of 12 months and is continuing to establish growth with VIP Capital Funding’s continuous capital
Testimonial:
“It was a great decision to work with VIP Capital Funding and their private lenders as I was able to secure a large amount of capital very fast which has sent our sales soaring through the roof!” ~ CEO of private manufacturing company
