Candy Company Modernizes
Short Term Loan Candy Company Modernizes
Author: Stephanie Clarke
Date posted: 02.07.25

After retiring, her father left the family business in her hands. They had been making handmade candy for over 100 years in Billings, Montana, and it was finally her turn to take over. She had worked alongside her dad since she was six years old and knew this business in and out. They were successful and had grown out of three different locations. They finally found a home in a great area with lots of foot traffic, and they had a staff who cared about the business as much as they did.

However, her father’s expertise appeared to lie more in creating hard candy than in managing the company’s finances. Furthermore, he exhibited a strong preference for crafting sweet delicacies in the kitchen over processing bills on a computer. Upon meticulously reviewing the obtained paperwork, she received a shocking revelation: the chaotic situation caused by her father’s bill-paying approach. Meanwhile, her cousin took on the responsibility of overseeing the website, online orders, and payroll.

Over the past five years, they strategically invested in new machinery to modernize various operational aspects. While they secured the smaller machines through a line of credit, external financing admirably supported the acquisition of the larger ones. Moreover, payment methods exhibited considerable variation, including the use of wire transfers for some vendors and company-issued credit cards for others. As a result, this complexity and disarray posed a significant challenge.

Candy Company Modernizes

Upon placing a call to inquire about certain invoices, she made a revealing discovery. Some were significantly overdue, while others still clung to outstanding balances. As she delved deeper, she navigated through diverse due dates and encountered staggering interest rates. Realizing the paramount importance of maintaining the smooth flow of her business, akin to melted chocolate, she became resolute. Her determination was focused on streamlining the process and rendering it more manageable.

After meticulously contemplating the available options, she ultimately reached a decisive conclusion: a loan would undoubtedly align with her financial aspirations. Her preference inclined towards a swift repayment scheme, free from any collateral demands. With confidence in their ample cash flow’s capacity to cover the payments, she promptly embraced the choice to secure a short-term loan.

After careful consideration, she decided to streamline her financial situation by filling out the application form, consolidating all outstanding payments into a single loan totaling $78,000. Upon reviewing the available choices, she opted for a 36-month repayment plan at a reasonable interest rate. With her application swiftly approved, the funding was processed within a mere two business days. Consequently, she was able to promptly settle the overdue payments to vendors, credit cards, lines of credit, and equipment loans.

Now, she can finally exhale a sigh of relief, allowing her to channel more of her time towards the exquisite sweet creations that have brought her family renown, while dedicating less time to the monthly bills that once demanded so much attention.

Candy Company Modernizes
About The Author | Stephanie Clarke

Stephanie has a bachelor's degree in psychology and has been a professional writer for over 15 years. Her client list includes New York Times bestselling authors, publishing houses, prominent public figures and successful business owners. She resides with her family in Florida.

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