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Fast Funds Help Contractor Keep Up with Growing Business

Jan 15, 2019

Based in Murfreesboro, Tenn., Sky Stone Granite is a top of the line, professional custom fabrication and installation business providing custom marble and granite countertops. Owner Reynaldo Carrasco has over 13 years of experience serving the area, and since its founding, the company has gained popularity in the area for their craftsmanship and quality installations.

The focus for Reynaldo has always been to deliver quality and customer granite installations at a quick turnaround time for residential projects. They also pride themselves on superior services at competitive prices compared to others in the area. Their clients can personalize their kitchens, bathrooms, countertops, fireplace, and vanities. While almost 30% of small businesses fail in the first five years, Sky Stone Granite has persevered and earned a reputation for providing outstanding customer service and quality work for long over a decade.

As the business picked up over the years, Reynaldo knew he needed to keep up with the growth but also update equipment to continue expansion to make room for more prospects.

As jobs piled up, so did the cost of the materials they needed to complete current and future projects. That’s when they set out to find a solution that would help them cover rising material costs and invest in equipment to complete projects on a quicker timeline.

LIt was quick, and it wasn’t like a bank. We didn’t have to wait nine months to hear that we weren’t approved.

Challenges

Business Expansion: Having funds at your fingertips when the timing for expansion is right, is invaluable. With Reliant you don’t have to wait weeks for approval to seize an opportunity.

Purchase Supplies/Inventory: You are gearing up for a big push and need more inventory. Buy what you need now. Why wait?

Equipment Purchase: Would upgraded equipment streamline your business in a big way? Fast funding with Reliant puts the buying power in your hands.

Why Reliant Funding

With the funds received from Reliant Funding, Reynaldo will pay off the debts from the material costs and invest in a water jet machine to provide a quicker turnaround for jobs in a week.

After implementing their expansion plan, they expect to see a considerable increase in project completion opportunities and will be able to take on more clients. Currently, they can complete five projects a day cutting materials by hand. With the equipment purchase, they will be able to increase that to fifteen projects a day, resulting in increased productivity and client turnover.

They also expected a significant return on investment when they could triple the number of clients they can service. Currently, without the water jet, they generate a considerable profit, but after the purchase of the new equipment, Reynaldo expects to increase his revenue by 80%.

Reliant Funding is proud of the part we can play in helping small businesses who are ready to take the next step towards their expansion. If your business could benefit from a capital infusion to upgrade equipment or purchase more materials as business picks up, we are excited to learn more about your business and how we can help.

The most important thing when considering a company like Reliant is where they don’t require a lot of paperwork and the way they help you grow.

Every business is unique, which is why we’ve developed the fastest, simplest and most flexible business funding solution available in the market today. If you recognize an exciting opportunity for your existing small business but lack the capital you need to execute on it, we have dedicated account representatives waiting to assist. Learn more about how we can help your business by connecting with us today.

Are you ready for Reliant Funding to make an impact on your business? Tell us about your business.

SINCE 2008, WE'VE CHAMPIONED SMALL BUSINESS:

$3,098,641,569 dollars funded