For Angel Cabrera, a slowdown in his electrical business was putting the pressure on. Luckily the help he needed was right in front of him the whole time. The result? He's doubled his business in the last two years.
Angel founded his firm Arco Electrical Contractors back in 1993. He's always been a driven business owner and he was doing well for a one-man business. However, like many other contractors, Angel and the business started hitting some roadblocks around the time of the recession.
"I had a backlog of work for the past 4-5 years," said Angel. "The jobs weren't breaking. With that the cash flow slowed down and I fell behind on my bills."
When the economy's in a slump, getting help for your business isn't as easy as you think, especially when thousands of other businesses in the same industry are looking for the same things.
Thankfully, Angel's accountant knew about Biz2Credit and trusted them to help Angel get back on track. He needed to consolidate all his payments so he would be able to focus on the business. "I wanted to focus on growing the business and when you pay off your debt, it frees your mind up to the maximum potential."
Working with Biz2Credit, Angel was approved for funding and had funds in his account ready to go shortly after.
"The advice I'd give anyone who was in my position is to make sure you understand your business and the capacity to have revenue coming in constantly."" For Angel, that revenue is now double thanks to his renewed focus on growing the firm.
Are you a small business owner looking for funding? Check out this helpful guide to learn about Biz2Credit’s funding options.
"I had a backlog of work for the past 4-5 years," said Angel. "The jobs weren't breaking. With that the cash flow slowed down and I fell behind on my bills."
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