Commercial Real Estate Financing
The Need to Make a Few Changes
As growth happens, a company has to keep up with it. Not having the means to do that can leave a once-popular company picking up the pieces after losing clients. Accelerating the growth of the company was needed and it was clear the best way to do that would be to invest in technology, people, and future acquisitions.
The owners of this business realized that financing would be needed but wanted to be sure all of the options were considered. The first thing that was needed was an assessment of how much this project would cost.
Nailing Down the Numbers
It’s hardly inexpensive to finance improvements, but the company needed it and knew it was an investment worth making. With a strong record of growth, the company could drive the energy industry toward a future with more digitization. It would be a way for the brand to show its dedication to customers and innovation.
After going through the numbers several times, the company realized that an investment of $250,000 would be needed to move forward. All that remained was determining the right type of loan for such an important project.