About the Founder Mark Costello
Mark Costello recently retired from the US Small Business Administration after 33 years of service. Mark served most recently as Deputy District Director of SBA’s Seattle District Office, overseeing the delivery of SBA’s financing, contracting and technical assistance programs. Mark spent many years working with commercial lending institutions and small business owners to facilitate the delivery of SBA financing programs throughout Washington State and Northern Idaho.
Capital Acquisition
Due to the effects of the pandemic and other economic forces, many small businesses are having difficulty accessing the credit necessary to sustain and grow their enterprises.
Often the challenging credit environment has left business owners unable to secure working capital from their traditional sources, resulting in significant cash flow problems.
Our clients are business owners who have normally accessed lines of credit or have used bank loans to finance their businesses, funding everything from labor, goods and supplies, raw materials, payroll, insurance, taxes, expansion, and more.
Unfortunately, our turbulent economic environment has some lenders wary of higher loan default rates for the foreseeable future. As a result, they are unlikely to start lending at levels necessary for most small businesses to benefit.
Foothills Business Solutions may well be able to help you navigate the current credit market uncertainty.
In fact, Foothills Business Solutions has access to multiple alternative lending sources which can provide your business a much-needed cash flow infusion. Use your funds to shore up restructured debts (perhaps resulting from Foothills Business Solutions’ mediation), invest back into your business to allow you to remain competitive, expand, and most importantly - gain peace of mind.
For your free consultation, call to discuss your financing needs today!
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