The economy is making a big turn for the better!
Amerifi delivers another $450,000 to a West Coast builder in major growth mode.
This is a returning client of Amerifi in the commercial construction industry that has more work that they know what to do with.
The client exhausted his bank line & term loan and needed an additional subordinated 1 year bridge deal just shy of a half million.
Funds were used to for new contracts, enabling all operation costs (materials, labor, overhead) to be covered while bridging the gap to a sometimes slow receiving A/R.
Funds were delivered in 24 hours from signed agreement. It is returning client (relationships) like this Amerifi prides itself on knowing our product / solutions are working for our clients needs
Followed by the transaction came the below review which I am most proud of and now can say “Mission Accomplished”
JRH just left a new 5-star review of Amerifi, LLC
Eddie is the hardest working financial officer I have ever worked with. He took time to really understand our business and gave us several options. You can tell he is after “customers for life” and not just after closing the quickest loan. This is our second round of funding with Amerifi, and we look forward to many more!