In October 2017, Willie Curry purchased a truck and started Diesel Curry Logistics. Located in Charlotte, North Carolina, his company specializes in transporting military and heavy-haul equipment—such as excavators and trackers—across the country.
Need for Capital
After a challenging start as the company’s only driver, Willie’s business began to gain momentum. In 2019, he purchased a second truck and hired his first driver. By early 2020, he added a second driver, and the business was steadily growing—until COVID-19 disrupted operations.
Willie managed his cash flow for a while, but eventually realized he would need additional working capital to keep the business moving forward. During his research, he discovered revenue-based financing and learned about Capital Funds. Once he understood how the financing model worked, he felt it would be the best fit for his business.
Why Capital Funds
Willie chose Capital Funds because of the competitive rates, shorter estimated term length, and the flexibility of payment relief. Unlike traditional bank loans, he appreciated that this type of financing could be paid off more quickly.
Shortly after receiving his first round of funding, one of his trucks unexpectedly broke down. Thanks to the payment relief option from Capital Funds, Willie was able to temporarily reduce his weekly payments while his revenue dipped. Once the truck was repaired and back on the road, his operations quickly returned to normal.
As Willie continued working with Capital Funds, the customer service stood out the most. Whenever he reached out, the conversation focused on the health of his business and how the team could support him.
“They always ask, ‘How is everything going? How is your business doing? What can we do to support you?’”
It’s clear to Willie that Capital Funds genuinely cares about the success of his business. That support made it an easy decision for him to return for additional rounds of funding when he needed it. The experience he’s had with Capital Funds has made him a loyal customer—one who doesn’t plan on going anywhere.
Interested in learning more about how Capital Funds can help your business? Check out our product or submit your application today. Still have questions? Give us a call at 888-244-9099 or email us at info@capitalfunds.com. Our team is available Monday through Friday from 9 AM to 6 PM EST.