WAYNE, PA — QualiFi LLC, a rising star in business financing, has recently spotlighted a success story that’s turning heads. A small bakery, overlooked by traditional lenders, flourished thanks to a significant $7.5 million credit line facilitated by QualiFi. This story underscores the impact of strategic funding on businesses deemed too risky by big banks.
“Over 85% of businesses are turned down by banks and can’t secure the funding they need to accomplish their goals,” said Eddie DeAngelis, CEO and founder of QualiFi. “QualiFi is here to change this. With the commercial industry seeing more regulations but also facing rising fraud, business owners must perform due diligence when selecting companies to work with, especially those handling sensitive financial information.”
The bakery’s tale is one of rapid growth and expanding business needs. For 25 years, it operated under an existing line of credit, which eventually became insufficient. Big lenders deemed it too risky. QualiFi stepped in, providing an adjustable borrowing base with competitive terms, enabling the bakery to meet soaring demand.
Brian McAleer, Senior Finance Manager at QualiFi, played a crucial role in closing this deal within just 45 days. “This financing will not only support the bakery’s current operational needs but also empower them to expand their brand nationwide,” DeAngelis added. “These clients don’t have to settle for high interest rates or lenders who close the door when needed most.”
DeAngelis brings a unique entrepreneurial spirit to the table, with roots in street-side sales and building the Olympic Embroidery & Screen Printing company. His journey from bootstrapping businesses to leading QualiFi provides him with firsthand insight into the challenges faced by small business owners.
“Our Borrow Build Believe approach is simple yet powerful,” DeAngelis noted. “It’s about enabling business owners to build their future on trust and support. If you’re having trouble securing the capital you need, we can help. Most importantly, we believe in your vision too.”
Launched in 2022, QualiFi offers fast cash to help small and medium-sized businesses (SMBs) meet payroll, pay off tax liens, cover growth costs, and more. The firm specializes in deals that traditional banks often turn away or process too slowly. In just the last five months, QualiFi’s fundings have exceeded $32 million.
QualiFi’s recent achievements highlight its commitment to supporting businesses in need. By stepping in where traditional lenders hesitate, QualiFi helps entrepreneurs turn potential risks into thriving successes.
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