A STRAIGHT LINE TO SUCCESS
With Jonathan Brindley’s assistance, Dig It secured conventional financing, facilitating its growth.
“We fell into the gap. A small business loan is usually about $50,000, which we qualified for, but we needed between $200,000 and $250,000 – and weren’t even sure specifically how much. The bank needed more solid information to bump us up to a commercial loan, and we didn’t have it. So we were not able to get the loan secured in time for manufacturing. We needed to look at other options.” – Claudia Harvey, CEO and Co-Founder, Dig It Apparel
Facing cash flow challenges for fulfilling large orders, Dig It explored financing options. Jonathan Brindley’s team offered a tailored solution, providing factoring and PO financing. This allowed Dig It to meet demand and repay the loan over time.
“It helped to get an introduction to Jonathan and his team from someone I trusted. Thousands of dollars were on the line. We had to basically bare our souls to a company that isn’t regulated like a bank. To move to a factoring company, you need trust and a solid introduction to a reputable provider.” – Claudia Harvey, CEO and Co-Founder, Dig It Apparel
A NEW STAGE
With investor support and expanded bank credit, Dig It plans to diversify its product line and expand into the US market, marking a new chapter in its growth trajectory.
“Jonathan Brindley and his team were an integral part of our growth and evolution. They allowed us to free up money for product expansions, so we’re now able to expand our geographical footprint and product lines,” says Claudia Harvey.
