In the spring of 2018, twin brothers who had been studying computer science on opposite coasts, found themselves finishing up their bachelor’s degrees at home in Northern Michigan. Rather than look for jobs, they found themselves more interested in entrepreneurship and excited for the opportunity to go into business together. They started a small limited liability company together during the summer of 2018 and immediately worked on networking to land clients.
Within a year, their business had really taken off and they had moved out of their parents into a shared apartment. They successfully developed custom software for diverse clients, resulting in an impressive annual revenue exceeding $750,000. Eager to expand further, they aimed for bigger contracts, but understood the need for short-term financing to plan for the long term.
Despite credit scores in the low 600s, the brothers secured a $70,000 unsecured short-term loan for expansion. Once they applied for the loan and provided the minimal documentation required, they received the funds within 48 hours. They hesitated to bid on big clients without enough employees, avoiding potential layoffs due to cash flow issues.
With their expanded employee base, they were able to bid on and win several larger projects over the next six months. As of the writing of this article, they currently employ three additional remote programmers in different parts of the U.S. They also have three large clients with projects that they are tackling confidently.
Casey has 12 years of technical writing experience. She is also a CPA and bookkeeper. Casey graduated from the University of St. Thomas (Minnesota) with a B.A. in mathematics and currently resides in San Diego, CA.
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