Concerned that cash flow could be a problem when it came time to pay monthly bills, the owners of metal fabrication outfit Whetstone Workshop wisely controlled their expenses when starting out. Procuring commissions from interior designers and architects for large architectural and sculptural installations, their typical project takes time to fabricate and must be synchronized with other design elements. This focus on quality over quantity requires careful attention to billing cycles and workflow.

Fortuitously, their skeleton crew of metal workers have thrived in the creative atmosphere of an old industrial mill building in East Providence, where they initially set up shop. With a brand built on distinguished, excellent work and strong relationships with their customers, Whetstone has flourished despite the pandemic.

As revenue and employment increased, Whetstone found itself needing more space, and they are currently looking to buy a building in the East Bay. To meet this goal, the RISBDC helped them make and achieve a plan of paying down debt and securing working capital.

About working with an RISBDC business consultant, Maria Martinez said, “Dennis is amazing. Helping Whetstone secure funding changed the course of our business for the better.”

From all of us at the RISBDC, we wish Whetstone a bright future and can’t wait to see where this expansion takes them!

To learn more about Whetstone Workshop, visit their website at WhetstoneWorkshop.com.