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How a Merchant Cash Advance Helped This Clothing Store Owner Purchase Inventory!

“Once again, Chad Otar and the team at Excel were able to come to my rescue with a Merchant Cash Advance. They continue to provide me with the best service and pricing any business owner could ask for! If you need funding for anything relating to your business, I definitely recommend you try out Excel!’ – Angela DiMarco

Long Island, NY children’s clothing store owner, Angela DiMarco has been in business for over 15 years. Her variety of quality children’s clothing and uniform attire has become a staple in her hometown over the years. Like many clothing stores, Mrs. DiMarco’s is one of seasonality, seeing an increase in sales during the late winter and Spring months. This past winter, Mrs. DiMarco saw the biggest demand ever in years! Faced with the need to accommodate her customers with their clothing needs, she was in desperate need of inventory, however, due to the fluctuation in cash flow during the months prior, she didn’t necessarily have the funds to purchase the inventory in a timely fashion. Not wanting to miss out on the business, Mrs. DiMarco quickly got in touch with her go-to funding specialist, Chad Otar,  at Excel Capital Management (just like she had down 2 years prior when she needed capital to open a second location). After providing Chad with a new application and recent bank statements, he and his partners at Excel Capital Management were able to get Mrs. DiMarco a $25,000 Merchant Cash Advance.

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*All Case Studies are based on real businesses Excel Capital Management has funded. The names of our clients and their businesses have been changed to protect their privacy.*