How We Helped Gurmeet’s General Contracting Business Get $50,000 in Business Funding with No Revenue
“It was a challenging time with no recent business revenue, but AB Funding looked beyond conventional metrics and provided the financial boost we needed to revitalize our properties.” – Gurmeet Singh, Owner
What does your company do?
We specialize in general contracting with a focus on residential and commercial renovations. With over two decades in the business, we pride ourselves on transforming spaces. However, the recent slowdown required us to think out of the box to rejuvenate our business model.
Where were you before working with AB Funding?
The last two years were tough, with zero revenue recorded. We own several rental properties that needed urgent renovations to increase their market value and attract tenants, but the lack of business activity made traditional funding routes inaccessible.
How did you find AB Funding, and what made you decide to work with us?
I discovered AB Funding through an online search for alternative financing options. What attracted me was AB Funding’s reputation for working with businesses that had unconventional funding needs. Their flexible approach gave me hope that we could find a solution tailored to my situation.
What did you immediately recognize that needed fixing inside your business?
The immediate need was capital to jumpstart renovations. I knew that enhancing our properties was essential not only for survival but for future growth. The challenge was securing funding without the traditional revenue streams or financial performance to back my application.
What were some big wins that occurred inside your business once we identified these problems?
The biggest win was securing $50,000 in funding at 0% interest for 12 months. This crucial funding allowed us to renovate and subsequently increase the value of our properties, positioning us for a strong comeback in the rental market.
What are some “Before & After” results in tangible metrics you experienced in your business from working with us?
Before AB Funding, our properties were underutilized and deteriorating. After the renovations funded by the loan, we’ve not only increased the value of our properties but also started generating positive cash flow again through new leases.
What would you say to someone considering working with AB Funding?
If you’re facing financial hurdles and traditional lenders won’t help, don’t hesitate to contact AB Funding. They view potential where others see risk. Their unique approach could be the lifeline your business needs.
