Customer story

An HVAC shop bridges a $400K gap.

A seasonal cash crunch, an 11-day close, and a broker fee shown up front. Here’s the full breakdown — numbers and all.

IndustryHVAC & mechanicalLocationAustin, TXProductTerm loanFunded in11 days
Bridged
$400K
to cover summer payroll and inventory before peak season
$400K
Term loan
11 days
Application to funded
16.4%
APR — fixed
$3,000
Emet fee · disclosed up front
The challenge

A busy season they couldn’t afford to staff

Lone Star Comfort Systems books most of its year between May and September, when Texas heat makes air conditioning non-negotiable. The problem is timing: payroll for a doubled summer crew and a warehouse full of equipment both come due before the invoices for that work get paid.

In a strong year that gap is around $400,000 — money the business will absolutely earn, just not for another sixty days. The owner had been covering it with a patchwork of credit cards and a slow line that couldn’t scale with the crew.

The approach

One soft pull, three real offers

A four-minute application and a Plaid bank link were enough to underwrite the file. Within a day, three lenders came back with priced offers — a revenue advance, a line of credit, and a fixed term loan.

The advisor walked through all three on a call. With predictable seasonal revenue and a clean two-year history, the term loan was the lowest cost of capital and the easiest to budget around — one fixed payment, repaid by winter.

Product usedTerm Loan
The outcome

Funded in 11 days, repaid by winter

The crew was fully staffed for peak season, the warehouse was stocked, and the loan was structured to clear as the summer invoices landed.

The deal, in full
Loan amount$400,000
APR16.4% fixed
Term12 months
Monthly payment$36,290
Total cost of capital$35,480
Emet fee — paid by lender$3,000 · 2.5%

I knew the money was coming in August. Emet got me to August without bleeding the business dry — and showed me their cut before I signed a thing.

Owner, Lone Star Comfort Systems
Four minutes · one soft pull

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