Azadian Group's Small Business Growth Fund provides short-term funding of $130K to a Midwest manufacturer of reclaimed and vintage wood products
/The company designs, manufactures and installs vintage and reclaimed wood products, including flooring, ceilings, wall panels, and furnishings. Customers include Marriott Hotels, Disney Stores, Nokia, LEGO, Coors Brewery, and numerous museums, universities, hotels, restaurants, bars, and celebrity residences in the US, Europe, and Russia.
The company will be using the funds to acquire inventory and equipment to capitalize on a time-sensitive business opportunity. Funding was completed within 24 hours from submission of application.
UPDATE from owner 1 week from funding: "Thanks and things are going well. We have secured new export orders of $400,000+ and have arranged machinery and new material handling equipment to improve throughput and efficiency since your funding was placed."
UPDATE #2 (3/16/15): Azadian Group has advanced this company an additional $100K, after only 6 weeks into a 6 month term, to allow the company to acquire inventory and equipment to capitalize on a significant new business opportunity.