How can we help your business grow?
A Trusted Partner for Business Owners
Why Pelican Capital?
No Collateral Required, 100% Unsecured Funds
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Bad Credit is OK, Our Solutions are Business Performance Driven
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Build your Business Credit with Excellent Renewal Options
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All Industries and business types are accepted
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Minimal Paperwork Required, Get Funded the Same Day, Apply Now!
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Pelican Capital is on the side of business owners, a trusted nationwide resource since 2016 that works hard and moves quickly to provide financing solutions. We listen to our customers to understand their needs, plans, and goals. We believe you can accomplish great things with the right support, and we’re proud to help hardworking business owners like yourself find continued success!
Case Study #1 Construction Industry
How a Construction Company Used a Quick Working Capital Loan to Purchase Raw Material & Hire Additional Staff
Joe’s Situation-
Joe Douglass, is the owner of a construction and remodeling company based in San Antonio, Texas. Joe had all of his workers, equipment, and cash tied up in 2 large jobs that pay him a total of $185,000 over the next 90 days. In the meantime, Joe needed to start on a few smaller jobs to keep his cashflow up but also needed cash as soon as possible to start on those smaller/quicker paying jobs.
Joe’s Solution-
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Joe Applied for a Working Capital Loan and was approved and funded for $32,000 the same day he applied with only a 1 page application and 3 months of bank statements, regardless of his personal credit being under 600.
The funding allowed Joe to place bids on, and win 3 smaller jobs that were completed in 30 days generating Joe’s business an additional $68,000 in revenue while he continues to work on the 2 larger jobs.
With access to quick capital, Joe has been able to generate 42% additional revenue in 2017 versus 2016 and has renewed his Working Capital loan several times over the past few years while continuing to take on additional jobs and expand his business.
*All Case Studies are based on real businesses Pelican Capital has worked with. The names of our clients and their businesses have been changed to protect their privacy.*
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