Huntington Beach, CA: A franchise owner for a national chain known as Dickey’s BBQ (the largest BBQ franchise in the country) came to Huntington Coast Capital for a business loan. The loan amount needed to replace and upgrade a Point Of Sale system for the business and consolidate debt was $40,000. At this loan amount, most traditional lenders shy away and opt for financing the larger requests over $150,000.
The franchise owners found it difficult to obtain financing from their local bank. They were introduced to a number of consultants that were not in the capital markets specializing in business loans and wasted a lot of time searching for the elusive capital. Huntington Coast Capital was introduced through one of our affiliate partners and tasked with securing the funding they desperately needed.
After a couple of inquiries, we were able to secure the business loan for their franchise. By utilizing this debt, they are now able to upgrade their systems and restructure their debt at more favorable terms.
Could your company use a business loan? Huntington Coast Capital secures business loans in our home town of Huntington Beach and nationwide. We look forward to serving your business loan needs.
To your success!
Huntington Coast Capital, Inc.