Small businesses require periodic funding to sustain growth, to fuel further growth and to stay relevant with all the necessary as well as desired resources. With the spike in roofing needs, including new roof installation, repairs and replacement, upgrades and maintenance, roofing companies need to be prepared to make the most of the busiest time of the year. NOW!
Need for Cash
Expert roofing contractors are steadfast and can easily manage multiple projects in a very short span of time. What is not as easily manageable is the need for more resources, better equipment and an overall upgrade. There are procurement costs roofing companies need to bear from time to time. There are project specific investments as well, from procuring the materials to ensuring the necessary infrastructure is available. That's where we come in.
When business is in an upswing and there are customers ready to buy, roofing companies cannot wait till a favorable time when the infrastructure would be ready, when there would be more manpower or when the required materials will be available given the present spree of projects. Roofing companies must be prepared to meet such challenges and must do so proactively.
With our small business funding for roofing companies, roof contracts can purchase new equipment or tools, invest in infrastructural upgrades, hire new roofers, retrain staff, procure materials and take up on more projects than what one would have done without the influx of funds. This type of short term business funding can be considered as a business loan, a working capital, investing in the infrastructure or financial backup to facilitate the ongoing and upcoming projects.
Take a Step Forward
Banks and traditional financial institutions seldom entertain small business loan requests from local roofing companies. Only a few in the roofing industry would qualify for corporate loans. The size of the enterprise, the annual turnover, the collateral or assets available and the long term prospects, everything comes into consideration. It should suffice to note that banks and traditional financial institutions are not the ideal source of funds for small to medium sized roofing contractors.
The lack of funds to facilitate the growth of a business, especially in spring and summer when the demand is going to peak, is not only detrimental for the business now but it is also counterproductive in the long run. The only solution is the necessary funding that is approved quickly. Every step you cannot take towards the growth of your roofing business is a step backward. Take a step forward and grow your business, with short term business funding for roofing companies nationwide. Call (855) 998-LVRG or click below to get started!