David’s small renovation company in Jacksonville, Florida, has been successfully running and his customer base is expanding, due to the quality workmanship he ensures on every job, large or small. When David was offered a large commercial apartment building renovation, he knew it was a great opportunity, but was concerned his cash flow wouldn’t be able to sustain him through the project.


He took it on, seeing only the opportunity, and now that the job was nearly complete, David realized he needed a loan to see the project to completion. Once complete, it would take up to 90 days for payment. In the meantime, David had to secure the building materials needed and pay his crew to complete the apartment renovation project.

A short term loan seemed the best solution. David wasn’t concerned about repayment, knowing his cash flow, while currently pinched due to the size of the apartment project, was otherwise steady and the business had projects booked months in advance. He knew he could pay the loan back quickly, as long as he could complete the big project successfully. He also felt the commercial renovation would provide additional positive exposure and bring more customers his way.


David looked at finance options and considered several, but determined a short-term loan would be the best choice for his renovation business. He opted for a $100,000 loan over a 12 month period knowing the project, even if it went long, would be completed in six months. The 12-month term would ensure he was paid in full for the project before the loan would be due.

The application process was quick and easy because David’s business was well-established, his credit score was excellent, and his bank statements and financials were in order and readily available. Once his short term loan was approved, his financing came through in a matter of days.


David’s company was able to successfully complete the big commercial project to the satisfaction of the client. All the while, David was able to keep all his projects on track, and his employees paid. By obtaining the loan, David bought some time, and kept his company moving forward. Once the payment for the apartment project came in, he was able to pay off the loan in its 10thmonth rather than going the entire term.


As David’s company prospers, he is considering opportunities to take on more and larger projects, knowing a short term loan can help him handle crunch time if and when it happens again.

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