WHERE ARE THEY NOW : BAPE
Two BAPE welders working side-by-side on 20-inch headers
going to cost us too much in fees ,” notes Josh . Securing financing is worthwhile for larger projects , interjects Mara , because those involve a lot more payroll and having financing allows them to meet payroll while waiting for progress payments to come through . “ The more you want to grow , the more capital you need ,” she says , “ especially because we ’ re still buying equipment and need to move into an even larger fabrication space , but now we definitely know how to go about getting additional financing and have been in business long enough that we can qualify for more traditional financing .”
With the financial reporting skills they ’ ve learned and being able to secure outside financing , BAPE has been able to take on more and larger projects , sustainably growing their company to 13 employees while keeping up with the higher operational costs that come with doing more business . They also recently launched
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