American Prudential recently signed up a new client who is new in many ways. In business for less than 18 months, this client has done everything possible to get his business off and running. And after a year they have exhausted all of their available capital.
The equipment is all purchased, the staff is hired and trained and the orders are getting filled. Unfortunately, without additional capital only low margin orders can be filled because the larger deals require more materials and more materials cost more money.
At just the right moment, this budding company’s alert banker called in American Prudential Capital. Knowing that the bank could not approve a loan yet for this emerging business, the banker knew what to do in the interim. With American Prudential Capital involved, this well positioned company will be able not only to grow but to grow with the right kinds of orders.
Being able to order quantities of materials and to fill large orders enables this firm to respond to those higher margin deals with confidence. They know they will have the working capital necessary to fill and deliver all the new orders.
Sharp bankers who understand the complete life cycle of emerging businesses know that working with American Prudential Capital will help them help their clients. Together we build new small businesses for the community. Healthy small businesses create the majority of new jobs in any community. So, together we are building a better job market and a stronger economy.
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