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From Reactive to Ready
How a Commercial Contractor Replaced High-Interest Debt and Secured Institutional Credit
Client Overview: Some information may be obfuscated or generalized to preserve client privacy
Despite nearly $10M in revenue, C****B**** S**** was struggling to fund job sites due to high-interest debt and a lack of business credit. With Harvest, they built a legitimate credit profile, restructured debt at lower rates, eliminated PGs, and positioned for seven-figure working capital to support simultaneous buildouts.
Client Profile:
Business Name:
C****B**** S****
Industry:
Multi-site Commercial Buildouts & Tenant Improvements for Retail and Office Buildings
Years In Operation:
9 years
Ownership Structure:
S-Corp with three equal shareholders (two founders, one capital partner)
Employee Count:
34
Gross Revenue:
$8.64M
Net Margin:
8.40%
EBITDA:
Not Provided
Financing Profile:
$275K MCA @ 31%, $150K in PG cards, declined $600K line due to weak credit
Challenges Presented:
- Merchant capital used to fund payroll and materials
- Business credit profile too weak for equipment loan
- PG exposure maxed out owners’ credit capacity
- Upfront costs strained cash flow during long A/R cycles
Key Objectives:
- Remove PGs from all future financing
- Lower cost of capital to improve margins
- Establish full D&B + Experian credit profile
- Become eligible for $750K+ institutional working capital
Actions That Drove Change
EIN-Based Credit Profile Setup
Established DUNS, Experian file, and vendor reporting accounts
Capital Cost Optimization
Replaced MCA with 36-month structured term loan @ 10.4%
Corporate Compliance Cleanup
Resolved UCC issues and synced records across agencies
Vendor Terms Readiness
Qualified for Net-30/60 terms on core material suppliers
Results After 120 Days
D&B 80 and Experian 76 achieved
Enabled institutional lender readiness and vendor approvals
$275K MCA replaced with $280K structured loan
Cut blended APR by more than half
$180K in PG credit lines converted to EIN-only
Removed owners’ liability from ongoing business credit
Pre-approved for institutional lender capital
Now positioned to expand to multiple job sites simultaneously
Resources For Manufacturers
Commercial Contracting
Fleet Expansion - 27% Increase in Revenue in <6 Months
Commercial Contracting
Fleet Expansion - 27% Increase in Revenue in <6 Months
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