Problem: The owners of startup company BG Industrial in Rock Hill, South Carolina, needed to purchase equipment, but finding a lender wasn’t easy. Their bank didn’t understand their business or the type of equipment required to perform industrial cleaning.
Solution: One of the owners found Commercial Credit Group, a company with nearly two decades of experience financing the vacuum trucks and support equipment they needed. The CCG team, including members of the sales and credit staff, met with the owners to discuss the situation. CCG learned that the company had experience in the industry and had a good understanding of the business and the market.
Result: BG Industrial financed its first truck purchase through CCG in 2019. What began as a small two-person operation has grown to 10 employees, two vacuum trucks, several support vehicles and plans to purchase a third truck. In addition to financing their second truck, they’ve refinanced equipment to reduce monthly payments to assist with cash flow and have gotten a working capital loan to help fund business growth. 855-893-0700; www.commercialcreditgroup.com
