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Payroll Met Using El Cajon Title Loan
By Title Loans | May 13, 2009
My construction company needed materials so I got a title loan from 1-800LoanMart. I had a job under construction in El Cajon that was finishing up, but we needed extra copper wire for the lighting throughout the building. The problem was that I was already over budget, and I wouldn’t get paid the final payment from my client until the project was completed. I was able to buy the materials, but making payroll for the final three weeks of the project was another story.
I was denied a loan from my bank in El Cajon, so I decided to look around at some title companies after I overheard one of my employees discussing how he got a title loan to help pay his mortgage. I found that a lot of title loan companies charged something called a pre-payment fee, and some companies didn’t approve title loans to business owners. When I finally called 1-800LoanMart, I found that they were unlike those other title loan companies.
1-800LoanMart did not mind that I owned my own company and were more than willing to approve me for a title loan. They also did not have any of those nonsense pre-payment fees either. I just needed my license, my car title, and proof that I earn more than $1,500 per month. In about an hour and a half I was approved for a title loan and got cash on the spot!
I was able to make payroll for the final three weeks of the project without a hitch. When I finally got the final payment from my client, the first thing I did was pay off the title loan. I am definitely going to use 1-800LoanMart in the future whenever I have any unexpected cash needs because they are a great company-especially to business owners like myself.
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