LA Contractor Connection Fall 2024 | Página 36

rushmore construction , inc
Rushmore Construction Company working from 12:30 AM to 5:00 AM to avoid traffic on the ATMP project at LAX .
cost made engaging with CDABP an obvious choice worth pursuing . After completing the onboarding process , I can confirm CDABP delivered tremendous value through both their bonding program and wealth of supplementary reference materials available . Their assistance proved invaluable in helping my business achieve an important licensing milestone . Overall , CDABP ’ s nostrings-attached support structure makes them an excellent free resource for any contractors looking to strengthen their business foundations .”
Since partnering with the CDBAP , Guillermo has received support through several of the program ’ s offerings . “ By assisting me in securing a $ 50,000 line of funding , their Contract Financial Assistance Program ( CFAP ) helped us address a key need for upfront capital on one of our early projects . The CFAP application process was
straightforward , primarily involving standard documents outlining my company ’ s financial position and credit history . CDABP ’ s underwriting team made the requirements clear while balancing thorough vetting practices with a simple interface . With CDABP ’ s financial backing in place prior to the job start , I had the working capital flexibility to cover initial expenses and not miss any milestones . This was instrumental in maintaining a smooth project launch as a newer contractor .”
The CDABP staff also guided Guillermo through the bonding application process , which led to Rushmore Construction Company being able to increase its bonding capacity . “ The staff ’ s industry expertise and personal approach to working with clients makes navigating these types of requirements less daunting . Overall , partnering with the CDABP has provided
FALL 2024 LA CONTRACTOR CONNECTION - 19