Commercial Real Estate Financing
How It All Started
At first, it was just a random thought that adding other pet products might be nice. As time passed, the owners started to talk about it and it became clearer that everyone was passionate about the idea. This led to conversations and research delving into what it could take to expand their offerings.
Looking at the numbers and possibilities, the owners wanted to move forward and see if this was something they could swing. From this point, it was all about finding proper financing and pulling the trigger on growing as a company for pet lovers.
What Costs Were Involved?
The costs to upgrade the business were the next thing to consider. The owners knew that the amount would be more than they could cover on their own. However, before deciding on the best solution to finance the change, it was essential to know how much money would be needed.
After looking into the details of what they wanted to introduce, it was determined they would need $100,000 to get going.