Healthcare

Dr. Wilburg's Medical Services Inc (DWMS)

Secured flexible financing with GBTI through BSD guidance

Dr. Wilburg's Medical Services Inc (DWMS)

Project Information

Business Dr. Wilburg's Medical Services Inc (DWMS)
Sector Healthcare
Category Healthcare
Location Guyana
Year 2024

The Story

I initially approached the bank to pay off debts, but the BSD advised me that banks prefer to fund growth. With the BSD's help in reviewing our financials and refining our proposal, I was able to demonstrate to the loan officer how capital would help us expand. As a result, GBTI was eager to work with us, offering flexible options like invoice financing that perfectly suited our business needs. I highly recommend the BSD to any entrepreneur looking for a strategic partner in their growth journey.

Business Challenge

Initially approached the bank to pay off debts; needed to reframe the ask as growth capital and demonstrate how financing would support expansion.

Reframing the ask

Banks prefer to fund growth rather than pay off existing debts; the proposal needed to show how capital would drive expansion.

Financial presentation

Reviewing financials and refining the proposal so the loan officer could see the growth opportunity.

BSD Solution

BSD helped review financials and refine the proposal so the loan officer could see how capital would support expansion. With this support, the business was able to demonstrate its growth potential and secure flexible options including invoice financing from GBTI.

BSD Solution

Testimonial

GBTI was eager to work with us, offering flexible options like invoice financing that perfectly suited our business needs. I highly recommend the BSD to any entrepreneur looking for a strategic partner in their growth journey.

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