Furnishing Business Growth During A Financial Crisis
Mayhew, a prominent office design firm with a rich history, faced significant challenges during a financial downturn, including strained banking relationships and legal disputes with suppliers.
“Through word of mouth, I got Jonathan Brindley’s number. We met, they toured our business operations, and they got to know our team. It seemed to be a good fit, and, most importantly, they understood the need to move quickly.” – Marcia Mayhew, CEO & President, Mayhew
In a critical moment, Mayhew turned to Jonathan Brindley for assistance.
RAPID TURN AROUND
Jonathan and his team swiftly arranged a substantial asset-based lending facility, providing vital working capital and facilitating Mayhew’s reorganization.
“Jonathan and his team were nimble and able to accommodate our needs during a time of change, transition, start-up and growth.” – Marcia Mayhew, CEO & President, Mayhew
ONWARD AND UPWARD
Over the following years, Jonathan’s team provided substantial revolving credit, enabling Mayhew to restructure, close underperforming locations, and establish new supplier relationships.
“We’re now enjoying such positive performance that it’s time for us to reduce our financing cost, with the goal of moving to conventional financing within the next six to eight months.” – Marcia Mayhew, CEO & President, Mayhew
Despite parting ways, Mayhew credits Jonathan and his team for their invaluable support and recommends them to others seeking financial assistance.
“Jonathan and his team have been an excellent partner and reliable friend to Mayhew – through thick and thin.” – Marcia Mayhew, CEO & President, Mayhew
