Prairie Business Credit serves both as a trusted financial resource
and consultant to entrepreneurs in many industries.
Ken Brown, President | Banyon, Inc.
Lighting and Temperature Controls for Energy Conservation
"We do lighting and temperature controls for energy conservation. Our first job was 20 buildings at NIU... And being new, we didn't have a prayer with the banks. I needed materials, manpower and the money to pay for it all. Prairie Business Credit got us the cash and taught us how to evaluate and avoid risk. We were able to take on major projects right from the start. We went from nothing to one of the top five contractors in the area. Without Prairie Business Credit, we couldn't have done it."
Bill White, CFO | Focus Micro, Inc.
Manufacturer of Digital Security Equipment and Software
"We manufacture and resell digital security equipment and software. Venture capitalists offered to fund us, but we wanted to maintain control. Banks wanted a longer track record. When a major retailer selected us for a nationwide rollout, our sales grew from $100,000/month to $1.3 million/month. That's when we called Prairie Business Credit to craft a deal to fund our growth. Now we're securing a commercial bank line for ongoing capital needs. Prairie Business Credit provided the bridge we needed to take our business to the next level."
Wisconsin Thermoset Plastic
“I bought Wisconsin Thermoset in 2008. Over the next two years our sales dropped by 50%. As we started crawling back, we needed to find additional cash or close the doors. Our receivables were growing. Our bank’s hands were tied but they introduced us to Prairie Business Credit. Prairie Business Credit helped us with capital for operations and they brought discipline to our invoicing so collections went more smoothly. In 24 months, we were back on our feet. We’re on top of receivables and control our cash better. In business, sometimes you have to go with your gut. Prairie Business Credit are good people, honest, smart and straightforward. They kept our doors open."
“Our suppliers took a leap of faith to work with us again. Because Prairie Business Credit ensured we had cash, we were able to make those suppliers whole again and reestablish the credit to keep going."
Jake’s Inc. Precision Machining and Rebuilding
“After the downturn, our bank relationship changed. We were getting back on our feet and making payments but we needed cash to meet our customers’ needs. We looked at a lot of lenders. Prairie Business Credit understood manufacturing and they understood our needs. They came up with flexible solutions that helped us with cash flow so we could take orders, even months out. We didn’t lose orders and they helped us manage receivables so we stayed on top of past due accounts. Prairie Business Credit supported us until we could get an SBA loan with a bank."