When a major supplier suddenly went out of business, a family-owned hardware store in Tucson scrambled to find a new wholesaler while managing inventory costs. Unsure how they would afford to restock shelves, the owners turned to Line of Credit Depot.

After completing a simple online application, Line of Credit Depot matched the Arizona hardware store with a $100,000 line of credit from a local bank. This financing provided the working capital they desperately needed to purchase new inventory from alternate suppliers.

The flexible repayment terms and competitive interest rate were ideal for the store’s budget. They could access funds as required instead of taking on a large lump-sum loan. This gave them breathing room during a challenging transition period.

Thanks to the fast funding from Line of Credit Depot, this beloved Tucson hardware store survived supply chain issues and continues serving DIYers and contractors today. The owners are grateful that Line of Credit Depot’s lending marketplace offered critical assistance when their small business needed it most.

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