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Background

An Entrepreneur With a Passion for Renovation

Now recognized as a trusted contractor specializing in turnkey solutions, Construction LCE was founded in 2013 by its president Larry Costa Estrela. Larry has the passion for renovation and resourcefulness of his father and the vision and love for drawing from his mother. He 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. Construction LCE Inc are proud to never deliver anything less than perfection to their customers.

 

Challenge

An Opportunity to Grow 

Unfortunately contractors don’t always have a great reputation and lenders are often skeptical to lend to the industry. Larry President of Construction LCE Inc had a great opportunity in front of him but the business didn’t have enough cash flow to finance the project long term. They reached out to numerous banks, but they didn’t even want to hear about their project. The traditional sources of financing only cared about the company’s credit history, and even in that case Construction LCE Inc had pretty good credit, but 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 to get the financing his business needed to take on more projects, Larry goes on to say “The process was extremely easy and fast. We had our funds within 2-3 days and the service was phenomenal.” Traditional banks see businesses such as Construction LCE Inc as risky, well Merchant Growth looks into your business to understand that it is not fair to generalize a business based on the industry they happen to work in. 

  

Result

Constant Work and Increased Revenues

Construction LCE Inc was able to get the financing they requested in order to help their business grow and take on new projects. Even though the rate was a little higher than traditional financing options; if they didn’t have those funds they would not have been able to take on this project, by doing so Construction LCE Inc gained a client that provides them with constant work, which means constant profits. 

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