Customer Success Story: Taking on New Projects

Apple Grove Renovations was founded in the summer of 2010 by owner, Marcus Gregory. Marcus brought a broad construction background spanning over twenty years in the residential, commercial, and industrial fields and quickly forged a team of skilled employees and professional subcontractors.  In the spring of 2014, AGR relocated its offices from Louisa to Richmond to better serve its client base. In the years since AGR’s inception, the in-house staff of craftsmen and top-notch subcontractors have enabled AGR to grow rapidly and tackle ever larger projects.IOU Financial Testimonial

To ensure even cash flow while taking on projects, AGR sought out additional working capital from IOU Financial. “Many of our jobs require quite of bit of upfront costs, but we don’t receive payment until the work is complete,” explained Marcus “The funds have allowed us to purchase materials for new projects and keep the business rolling.”

“[IOU’s] strengths are its customer service and its speed throughout the entire process,” said Marcus. “It’s a quick and easy way to get capital to keep your business moving and growing.”


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