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Diamond Business Credit Provides $50K to Startup Paint Company

June 26, 2015, 07:02 AM
Filed Under: Manufacturing

Diamond Business credit is pleased to announce that it recently funded a $50,000 line of credit to a start-up painting company specializing in property restoration projects.
The extensive snow and water damage experienced this winter transformed this small, start-up painting business into a preferred regional vendor for the worldwide leader in disaster recovery and property restoration services. 
The challenge was meeting the expanding payroll.  Due to the start-up nature of the business and the urgent need for capital, conventional bank financing was not an option.  Diamond approved, documented and funded a $50,000 asset-based line of credit in three business days. 

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