Business Expension

Mahesh started off with a 1,000 square foot warehouse back in 2013 and gradually scaled his business to a 10,000 square foot warehouse. Using returned earnings made from his profits, he continued to invest in his business and purchase inventory but wanted to maximize his earnings. “Eventually in 2016 I moved into a 10,000 square feet warehouse with over 100,000 SKUs and it was all done without any external investment up to that point, just using my returned earnings from profits that I made and drawing only the minimal amount to run my house.” He saw Biz2Credit's TV ads and decided to seize the opportunity to raise his profit margin.

While Mahesh was looking for capital to support his pre-purchase inventory, he was already familiar with the business financing process. He had received funding prior to Biz2Credit, but after seeing the TV ad and doing personal research, he found Biz2Credit to be the best fit. “I googled about some good companies. There are too many people out there willing to give money, but they are not the best people to do business with for various reasons. But [Biz2Credit] came out as one of the top companies in a Forbes article that I read. And because it was from Forbes [a reputable source], you guys were on #1 or #2, and I remembered that I had seen your ads... and it all kind of came together.”

When recalling his funding experience, he noted that his funding specialist was very communicative and took him through the process step-by-step. “It started with the application and me sending the [initial] bank statements and then they asked for more information and clarification, which I provided.” He emphasized that his favorite thing about working with Biz2Credit was the clear and prompt communication and transparency.

Mahesh has ambitious plans for the funding he received. He is scaling his business to the next level, increasing his inventory pallets as he continues to expand operations to meet growing business demand. He may even have another potential collaboration with Biz2Credit to help fund his other businesses looking forward. “I have other businesses too and right now I'm fully focused on this one .. But once I start focusing on the others, then I will see if I can collaborate with [Biz2Credit] on [more] projects and see if we can do something awesome.”

Thanks to Biz2Credit, Mahesh was able to secure fast funding for his business and can now reap the rewards of his hard work and plan more for the future.