Business Loans for Drafting Services

As a professional draftsperson, you provide an integral service to the construction industry.  No building could be built and no home could be remodeled without your technical expertise.  You pay close attention to every detail of a project to get just the right measurements so that the finished product is both visually appealing and functional. 

Your attention to detail may not always extend to your business’s financial plan, however.  Even if you have a great business plan, just like with a construction project, things do not always go according to even the best laid plans.  And while you know exactly how to deal with problems that arise in the field, you might not be as confident dealing with the financial troubles that arise from time to time.

That is where we come in.  We have years of experience helping small businesses in Springfield and its surrounding communities weather financial struggles so they can continue to thrive.  Here are a few of the ways we can help your drafting business, whether you are a sole proprietor or a large corporation.

Business Lines of Credit

Every business has seasons in which revenues fall short of expenses.  Given the cyclical nature of the construction business, there will likely be months when your drafting business does not bring in enough cash to pay all of your bills.  It isn’t that you aren’t working hard; it’s just that big projects take more time, and draws on construction loans can be slow to come through.  While you finish up that big project, we have a line of credit for you to draw on to keep the lights on.  Once you receive payment for the project, you’ll have more than enough to repay the loan!

Short Term Loans

The construction industry is constantly evolving.  Software updates for CAD and other programs come out regularly, and you need to stay at the forefront of these and other technologies to keep your existing clients and win new ones.  New technology can be expensive, however, and you might not always have the cash available to cover all of an upgrade when you need it.  Do not wait until you can save up the money and risk losing future business - call us to discuss how a short term business loan can keep you competitive and modern!

Long Term Loans

While the basic equipment required to run your business is mostly common and relatively inexpensive, large ticket items will occasionally come up that require a significant investment.  Perhaps you were unable to renew the lease on your office and want to purchase a permanent home for your business.  Or maybe hardware issues have become too costly to keep fixing and a complete equipment overhaul is needed.  Whatever your situation, we have a loan available that will make these much needed changes affordable now.  Call us today to see how we can help you take the next big step into your business’s future!

Ready to apply for a business loan?  Our lending experts are here to help!