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Since 2010, Exponential Commercial Finance has helped hundreds of businesses and built some remarkable relationships clients in a variety of industries. Over the years, our financial solutions have provided a value to our clients that is second to none. Below are a few stories about some of the clients that we have helped. Would you like to see your business become one of our success stories? Contact Exponential Commercial Finance today to get started!
A Small Construction Company Lands a Big Deal
When banks turned them away, this construction company came to Exponential Commercial Finance to seek out an alternative financing strategy for the purchase of four new dump trucks. In the construction industry today, many projects are fueled by small businesses that need working capital and equipment to keep up with the ever-increasing demand of new developments and construction opportunities. Our client came to us with a major challenge: he had an extremely low personal credit score and could not get financing through other sources such as his bank or credit union. He also had several tax liens on his credit report. With our collateral heavy equipment financing program, we were able to use his free and clear equipment to secure $200,000 to acquire four dump trucks for a new contract he landed to earn more business.
A Truck Driver That Was Sick and Tired of Being Sick and Tired
The life of a truck driver can be exciting, but it can be tiring and frustrating when your long days of hard work are lining someone else’s pockets. Our client had been driving for years while only reaping minimum financial benefits. He came to us trying to learn about his options for owning his own truck. We were able to get him $50,000 to purchase a 2015 Freightliner with our semi-truck and trailer financing program.