Unlocking Property and Growth Potential

The Problem

Our client owned a popular resort that operates year-round. On their property, they have a bridge connecting two areas that breaks every year once wintery conditions set in, costing $100,000+ annually in repair expenses.

While the bridge is non-operational, the client can’t access the other side of their property or use the area for events. The loss of revenue, combined with the $100,000 annual expense, created a significant cash flow problem for the resort that limited its ability to grow.

How National Business Capital Helped

The company spoke with their banking relationship but found that they could offer little assistance without offering collateral, which wasn’t possible. They learned about National Business Capital through a business relationship and contacted us to explore their options.

The client’s Business Advisor, Joseph Safina, immediately reached out to the resort’s leadership team to learn more about the company and its growth plan. Together, they dove into their numbers to make sure they moved efficiently. During this review, we discovered irregular deposit trends in the client’s bank account, which we explained might limit approvals if they were to work with a different lender.

Our team brought various options from National Business Capital and our lending partners to the table. The client identified the strongest offer, which we personalized further to align with the client’s unique opportunity. Only two weeks later, we finalized the client’s agreement, giving them access to $1.1MM.

Where They Are Today

The client leveraged their funds to repair the bridge, making their property fully accessible year-round and eliminating the $100,000 annual expense. Not only did this free up their cash flow for other opportunities, but it also allowed the client to grow revenue further by hosting new events on their beautiful property, putting them in a great position to succeed.