Client: Marc Euler of New Tek Design Group

We searched several lenders which would mitigate the risk of the loan request. We located an SBA lender that specialized in business loans from $50,00- $350,000. New Tek received a ten year term loan as opposed to a 5 year term loan from most traditional lenders, freeing up and increasing cash flow by $25,000 annually, $250,000 for the life of the loan.