SLIM Capital, located in Beverly Hills, CA, reported 2019 as its busiest year to date. SLIM Capital continues to grow by adding instrumental Operations and Sales personnel to their team.

Here is a look back at 2019 Business Lending for SLIM Capital:

• Largest Deal Funded: $2.106 million
• Average Amount Funded: $137,238
• Lowest FICO Score: 593
• Total Number of Applications Processed: 1,761
• Total Dollar Amount of Applications Processed: $453,508,361
• Quickest Look to Book Time: 1 Day

Shervin Rashti, CEO expressed optimism that SLIM will continue to see significant growth in 2020 while continuing to provide superior service to its brokers and customers.

“With the use of technology, systems and clear workflow processes, we continue to streamline our business to manage large volumes of transaction flow in an efficient and successful manner. I’m excited to see what 2020 has in store for our team and clients!”

The top industries that SLIM Capital served in were:

• Transportation: Four of SLIM’s 10 largest deals funded
• Petroleum: Funded $1.5 million in this space and helped a business that had just one and half years’ time in business
• Laundry: Financed $1.1 million in 2019 for this industry
• Construction: Helped a customer get a new John Deere Loader with under three years’ time in business and take it out to a 60-months term.
• Scaffolding: Funded businesses with less than three years’ in business and helped clients save on rental payments.
• Entertainment: SLIM Capital was an integral part of growth for many well-known entertainment companies.