Open Air Cinema gets business financing partner!
"Equipment financing is all we do," says Wade Bergquist, DVS. "We also do working capital loans, yet financing is 90% of our business."
- Fill out our application form. Provide necessary paperwork. We will then determine if the customer/company qualifies.
- Our working capital product is a short-term product that requires a quick payback. This would make sense if they need a quick loan. A good example would be if they have a show or event coming up and need additional capital to make it happen.
"When things get terribly wrong and your financing client, working capital loan client can't honor the agreement with your company -- how does your company save the situation?"
- The client would be responsible for honoring the agreement that they signed up for. That being said, we work with them as a partner to assist them with this and potentially restructuring if underwriting allows.
"And how fast does it normally take you to make a financing decision?"
- Typically, 24-hours.