Online Banking

Fortune Bank Helps Car Maintenance Business Drive a Really Great Deal

Brad Francis is a small-businessman who's living his dreams, and Fortune Bank helped. Brad is President of Certified Performance & Auto Repair in Moscow Mills, MO, a business he's owned since 2005. Originally located in Overland, Certified Performance had outgrown its space in 2011.

"Moving to that larger facility was like starting over," Brad explains. "We needed new equipment, site improvements, and more working capital. That meant depleting my savings and taking on more debt."

No help from traditional lenders

Brad had a proven history of success at Certified Performance for years, even during the recession. But business lenders didn't see it that way.

"I met with lots of banks about a loan, and some of them didn't give me the time of day," he says. "Others wouldn't do a deal based on my numbers. They didn't listen to my supporting story."

But then Brad talked to Fortune Bank. "They told me what we needed to do to make the deal work," says Brad, "with no smoke and mirrors."

Creativity made the difference

The result was a clever financing plan based on Brad's existing equity and revenue. The bank restructured his debt to dramatically lower his payments and improve cash flow.

Other steps included negotiating a lease/purchase option on the new building and significantly reducing Brad's down payment. Most lenders would insist on 15 - 20% down, but Fortune Bank made it work with 10%.

"We were mentored all through the process to get us over the obstacles," Brad says. "It was really a creative deal. We even got money back at closing."

"I'm grateful to Fortune Bank for taking a chance on us and making this happen."

Certified Performance is thriving in its new location. Its customer base is growing, and Brad hired more staff.

"Things couldn't have worked out better," he concludes. "I'm grateful to Fortune Bank for taking a chance on us and making this happen."

Fortune Bank Offers Creative, affordable solutions for you
  • Business Acquisitions
  • Business Expansions
  • Debt Restructures
  • Equipment Upgrades
  • New Construction
  • Partner Buy-outs
  • Real Estate Purchases
  • Start-up Financing
  • Start-up Franchising

Start making your dreams come true. Visit, or contact one of our loan specialists:

Lee Levinson: 314.308.1496