Success Story - Dealstruck

Success Stories

As a direct lender, Dealstruck offers loans and lines of credit to businesses that the banks typically turn away. These packages are custom built to ensure the success and growth of our clients so that they can eventually 'graduate' to the best possible financing option.

These are a few stories of success that our clients have shared with us, with many more to come.

Borrowers like you all throughout the U.S.

Small businesses are the backbone of the economy. Unfortunately, banks turn down nearly 80% of business loan applications because of their strict underwriting standards.

Before Dealstruck began lending to small businesses, many owners were forced to either struggle with no financing, or take out unhealthy, high interest rate loans.
Shake Smart San Diego, CA
Powering Healthy Lifestyles
In 2011, San Diego State University students Kevin Gelfand and Martin Reiman set out in search of a way to live healthy lifestyles while managing busy schedules and the daily distractions that often lead to unhealthy choices for students. Three … Continue reading
Needs:
Capital for expansion
Custom Lending Package:
$74,100 term loan at 12% APR
Results:
  • Affordable monthly payments
  • Capital for expansion
  • Quick funding
Read More
Jidan Cleaning, LLC Medford, NJ
Combining Growth and Empowerment
After 15 years in pharmaceutical sales, Pat Claybrook decided it was time to execute on the dream of owning her own business, which she’d had since coming to the US from Trinidad as a child. But she had not yet … Continue reading
Needs:
Bridge cash flow gap between client payments; expansion capital
Custom Lending Package:
$30,000 term loan at 18% APR
$75,000 credit line at 19.99% APR
Results:
  • Debt consolidation
  • Affordable monthly payments
  • Capital for equipment purchases and increased staffing
  • Quick funding
Read More
Indika Foods, Inc. Sacramento, CA
Bringing a Taste of Home to America
Indika Foods is an importer and distributor of Indian goods that sells to Indian grocery stores throughout the United States. President Gurpreet Bains realized that the five-day Diwali “festival of lights,” celebrated by Hindus across the globe, offered a tremendous … Continue reading
Needs:
Increase overseas purchases for distribution in the U.S.
Custom Lending Package:
$25,000 term loan at 15% APR with an additional $25,000 term loan at 15% APR one year later
Results:
  • Capital available for expansion
  • Affordable monthly payments
  • Quick funding
Read More
McKeag Maintenance Services Wheeling, WV
Cleaning Up in West Virginia
When he first launched McKeag Maintenance Services in 2011, Edison McKeag aspired to become the leading quality provider of business, commercial, retail, industrial, medical, and educational cleaning services. Today, the company has become just that for its hometown of Wheeling, … Continue reading
Needs:
Capital for expansion, including equipment and payroll
Custom Lending Package:
$140,000 term loan at 18% APR and a $50,000 credit line at 19.99% APR
Results:
  • Purchased an additional business
  • Refinanced existing, expensive debt
  • Purchased needed equipment and supplies
Read More
ZTelco San Diego, CA
Dealstruck Helps One of San Diego’s Fastest Growing Companies Become Bankable
 ZTelco is a San Diego-based business communications solutions provider, offering custom voice, data and networking technology services. The company helps businesses find the right communications infrastructure to optimize performance. Founded in 2004, ZTelco spent years perfecting the way to run … Continue reading
Needs:
Custom Lending Package:
Initial funding from Dealstruck: $100,000 term loan, 24 months at 11% APR
GRADUATED: June 2015 to JP Morgan Chase with a $60,000 SBA backed term loan, $125,000 inventory line of credit and $250,000 working line of credit with average APRs of 5% - 6%
Results:
  • Ability to purchase needed equipment and hire for expansion
  • Easy to manage monthly payments
  • Build solid lending history
Read More