Lendio
47 Case Studies
A Lendio Case Study
Porters Bar & Grill, a pub near Boston's TD Garden, faced severe cash flow challenges during the off-season that threatened its survival. After being turned down by traditional lenders, owner Scott Nogueira turned to Lendio to find a working capital loan to address these financial woes.
By securing financing through Lendio, Porters Bar & Grill was able to overcome its cash flow problems and turn the business around. The solution implemented by Lendio positioned the pub to achieve over $1 million in annual revenue, ultimately saving the business according to its owner.