Q3 FUNDINGS THAT EXCITE US GOING INTO THE 4TH QUARTER
LET SLIM CAPITAL HELP YOU GET YOUR DEALS FUNDED SO YOU CAN GET PAID FOR THE UPCOMING HOLIDAY SEASON
It was a great summer with so many transactions that funded!
Here are a few recent samples:
$350,000 FOR 2ND RESTAURANT/BAR LOCATION IN CALIFORNIA
WHO – RESTURANT AND NIGHT CLUB
WHAT – LIGHTING/SOUND EQUIPMENT FOR A 2ND LOCATION
WHERE – PALM SPRINGS, CA
WHY – This company came to SLIM Capital because they knew we could help them with their equipment needs to open up another highly anticipated location. They have remained successful throughout the pandemic and continued grow with a solid following of patrons. Many lenders are still very cautious with lending to restaurants. Not SLIM Capital, we were able to see the success of the other locations and understood the importance of getting the next location open. We were even able to get them a 48 month term so they could get ramped up.
CHEERS TO FUN NIGHTS AND CONTINUED GROWTH!
$250,000 FOR A BAGGING MACHINE
WHO – CHOCOLATE MANUFACTURER
WHAT – PACKAGING AUTOMATION MACHINE
WHERE – COLORADO
WHY – It's no secret that this chocolate manufacturer is sold in all major grocery stores and online retailers. As their popularity has grown, so has their demand for chocolate. Which requires additional equipment to help supply their product to retailers. With our APP ONLY product we were able to get this request in and processed with an approval in 24hours. They were pleased to get the bagging machine they needed and not have to delay shipments.
LIFE IS SWEET WITH SLIM AS YOUR FUNDER!
$430,000 FOR INDUSTRIAL WASHERS AND DRYERS
WHO – PRINTING AND EMBROIDERY
WHAT – USED INDUSTRIAL WASHERS AND DRYERS
WHERE – NEVADA
WHY – This company came to us after they had recently moved operations to Nevada to reduce overhead costs. While the move out of state was a significant one, the equipment they wanted to add to their new location would help increase production and decrease overtime expenses. They needed to act fast on the equipment because it is used and going to sell quickly. In order to move that quickly this had to be an APP ONLY request. SLIM was able to see the bigger picture and get comfortable with the business and equipment. And it funded quickly.
CLEAN FUNDING ALL INVOLVED!
$150,000 FOR KITCHEN EQUIPMENT FOR A 3RD GROCERY STORE LOCATION
WHO – A SPECIALTY GROCERY STORE
WHAT – VARIOUS KITCHEN EQUIPMENT
WHERE – NEW JERSEY
WHY – This company has only been in business for 3.5 years and is already opening their third location. They have had tremendous success, but have yet to refine their process for the take out orders! Many lenders would shy away from the limited time in business and additional locations. However SLIM saw an opportunity to help a growing business. The goal was to increase their efficiencies in their manual process to provide faster and better service. By doing so it would it would help increase profits by 20%.
SLIM Capital was able to make the deal happen.