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Diamond Business Credit Funds $100K Credit Line to Deck Designer

September 23, 2015, 07:06 AM

Diamond Business Credit announced that it recently funded a $100,000 line of credit to a company that designs and maintains rooftop gardens and drainage systems.  The company has a strong client base and is growing rapidly. 

With key vendors to satisfy and a weekly payroll to meet, that growth has created cash flow pressure that is logically relieved by a working capital credit line.  For a number of reasons including an erratic earnings profile the transaction was very difficult for a traditional banking solution.   Diamond approved a very flexible revolving line of credit enabling this small business to meet its current obligations and continue its growth.  As the growth curve shallows and profits are retained the line of credit will be repaid without any penalty or long term commitment. 

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