At Main Street Business Capital, we understand how difficult it can be to purchase new equipment for your business directly out of pocket. That is why we offer equipment financing to companies looking to expand and grow their business. Here’s how we helped our client, The Foundry, obtain the equipment they needed to see their business thrive.

 

Based out of Seattle, Washington, The Foundry is a progressive clothing company that is well known for high-quality screen printing, embroidery and other apparel customization services. They were in desperate need of new equipment to meet the growing demand of their clientele. Specifically, they needed a quad-head screen printer that was four times faster than the machine they were using at the time to produce screen prints. However, they did not have the cash to purchase this expensive new equipment outright, which is how Main Street Business Capital got involved.

 

Fortunately, the brother of The Foundry’s owner, Forrest Wedmore, had established a great relationship with Main Street Business Capital already. As The Foundry built up its business over the years, Chris Martin, Main Street Business Capital’s Senior Vice President, helped the brothers with some financial advice. So it was only natural that when they needed equipment financing, they turned to Chris and the experienced team at Main Street Business Capital. Helping small businesses procure financing for equipment and other capital costs is what we do best.

 

Forrest had worked with other lenders in the past, and he found that they didn’t seem as concerned about the growth and financial well being of his company. He noticed the Main Street Business Capital difference as soon as he started working with us. Chris spearheaded the research, but it was a true team effort. Every detail was covered and every possible financing option was vetted to help Forrest make the right decision for The Foundry.

 

“More than anything, their help was clear and concise. Chris coordinated everything to make sure we were getting the equipment we needed at the best price,” said Forrest. “He also made sure the equipment company had exactly what we needed.”

 

Main Street Business Capital found the right piece of equipment for The Foundry. The lease paperwork and financing was completed quickly and efficiently. Chris worked closely with the internal credit team at Main Street Business Capital and the equipment leasing company. Now, The Foundry has equipment that allows them to screen print shirts and other apparel faster and at much higher quality. In addition, the financing terms enable The Foundry to pay off the equipment over time while still being profitable from month to month.

 

“Chris had our best interests in mind,” Forrest adds. “He was really helpful because he wasn’t just trying to push a loan on us. It was really impressive how Chris and everyone at Main Street Business Capital took the time to understand our situation, the needs of our business and the needs of the equipment leasing company.”

 

Forrest now knows that any time his company is in need of equipment financing or a working capital loan, he can turn to Main Street Business Capital for the best representation. Forrest puts it best: “When you have that kind of positive experience, you don’t really want to go anywhere else!”