Background

An Entrepreneur With a Passion for Renovation

A trusted contractor specializing in turnkey solutions, Construction LCE was founded in 2013 by its president Larry Costa Estrela. Larry became an entrepreneur at the age of 22 years old and worked for several years in the construction industry as a building technician and as a construction superintendent.

In April of 2018, the company became Construction LCE Inc. and welcomed Nadia Dupuis as Vice President. Nadia has extensive experience in customer service as well as administration and sales. Together, they deliver on their promise to provide unique designs and projects that are dynamic, inspiring and environmentally friendly.

 

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Learn How Merchant Growth Can Help Your Business Grow
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Challenge

An Opportunity to Grow

Contractors don’t always have a great reputation and lenders are often skeptical to lend to the industry. Larry had a great opportunity in front of him but the business’s cash flow didn’t allow him to finance the project long-term. The traditional sources of financing only cared about the company’s credit history. Despite it being good, banks were still not willing to help due to the industry they are in.

“The Financing we got from Merchant Growth gave us the opportunity to take on larger projects and grow our company”

Larry Costa Estrela, President – Construction LCE Inc

 

Solution

An Efficient Way to Get Financing

Larry reached out to Merchant Growth, “the process was extremely easy and fast. We had our funds within 2-3 days and the service was phenomenal”.

Traditional banks see businesses like Construction LCE Inc as risky. Merchant Growth, however, looks to understand your business and not generalize based on the industry.

Result

Constant Work and Increased Revenues

Construction LCE Inc was able to get the financing they requested to help their business grow and take on new projects. The rate was a little higher than traditional financing options, but if they didn’t have those funds the project wouldn’t have been doable. The result? Construction LCE Inc gained a client that provides them with constant work, which means constant profits.

Check out the original article here.

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Businesses across Canada trust Merchant Growth.

Get financing in as little as 24 hours.

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