Small Business Funders Evaluation

Lighting: We switched over all of our incadescent lighting to low watt LED lighting. This significantly reduced the cost of running our office operations. The lighting retrofit work and the subsequent energy savings exceeded our most optimistic expectations. Having a small business office with a team of 25 sales people can have a significant amount of overheard to the business operations. Reducing electric bills by $500 a month is a huge savings and benefit to the environment.

Paper Waste Reduction: Unfortunately there is alot of paperwork involved with the business funding industry. Because we offer a faster approval process for business funding, we have grown exponentially. Processing approvals for loans and small business funding involves alot of long multi page contracts and bank statements. Instead of filing away applications and paperwork in filing cabinets, we moved everything to e-filing and cloud based applications. We reduce the amount of paperwork needed for an application for merchant processing approval. Everything was moved to a cloud environment and reduced the amount of paperwaste we were generating.