From Service to Success: How LG Electrical Scaled Operations and Supported Fellow Veterans

A veteran-owned business benefited from iBusiness Funding's help to grow their team, support fellow veterans, and take on bigger contracts — all while staying true to their mission.

Meet Luke: From Service to Small Business Ownership

After a decade-long career with the U.S. Army Corps of Engineers and government service, Luke launched LG Electrical in 2021. His goal wasn’t just to start a business — it was to create jobs for fellow veterans transitioning back to civilian life.

With a focus on residential and commercial electrical work, LG Electrical quickly gained traction in the Denver area. But as the company took on larger contracts, cash-flow challenges began to grow.

“It’s not about making a bunch of money. We just want to keep people employed. Veterans have served their country — we want to keep serving our neighbors.”

Lukas Garrison, Owner, LG Electrical

The Growth Challenge

Bigger jobs came with bigger opportunities but also longer payment cycles, tighter cash flow, and increased pressure to make payroll on time. Meanwhile, Luke remained committed to:

  • Hiring veterans
  • Expanding his fleet
  • Investing in marketing
  • Launching workforce training programs

Flexible Funding for Purpose-Driven Growth

Luke and his team worked with iBusiness Funding to secure a loan that could help them bridge the gap between projects and payouts. What stood out most? Flexibility.

“We were looking for a loan with no prepayment penalty. We didn’t want to be locked in. That’s why we chose iBusiness Funding.”

Lukas Garrison, Owner, LG Electrical

With access to capital, LG Electrical was able to:

  • Maintain a 75%+ veteran workforce
  • Take on six-figure contracts with confidence
  • Grow lead volume through strategic marketing
  • Expand training programs for transitioning veterans
Team Growth
Contract Size Increase
Leads Generated Daily

The Results: Growth That Matters

With funding secured through an iBusiness Funding network lender, LG Electrical has scaled operations, taken on larger commercial projects, and grown their presence across Colorado — all while staying true to their mission of supporting veterans and building sustainable growth.

“The loan gave me the cushion I needed. Not just for myself, but for my team. It allowed us to take on bigger projects, invest in marketing, and most importantly, keep veterans employed full-time.”

Lukas Garrison, Owner, LG Electrical

Today, LG Electrical operates a fleet of eight service trucks, employs a majority-veteran crew, and continues to expand its footprint across Colorado. While business is growing, the mission remains steady. Luke’s story is one of resilience, service, and smart decision-making — backed by funding that fit his values and his business goals.

The relationship between LG Electrical and iBusiness Funding shows how the right financial support, combined with clear vision and strong values, can create growth that benefits not just the business but also the entire community it serves.

Ready to Scale Your Business?

Like LG Electrical, your business has the potential for growth. Let iBusiness Funding help you unlock that potential with flexible funding options tailored to your needs.
SPECIALTY
Residential & commercial remodels, repair, and maintenance
LOCATION
Denver Metro, Colorado
The views and opinions expressed in this article are solely those of the author writing in their individual capacity. They do not purport to reflect the views or opinions of iBusiness Funding. This content is for educational and information purposes only, and should not be taken as financial, tax, legal or HR advice. It is not intended as a substitute for professional advice. All loan offers and qualifications require credit approval and are subject to change with or without notice.



The information provided on this page may not be applicable to iBusiness Funding's current product offerings or business practices. iBusiness Funding is a software and lender service provider specializing in SBA Small Business Lending. Please consult with an iBusiness Funding support if you have any questions about the information provided in this blog.

Loans are originated by FC Marketplace, LLC (California Financing License No. 6054785, North Dakota Money Broker License MB 102840, South Dakota Money Lending License 1287979.MYL, Vermont Commercial Lender License No. 1287979 CLL, Nevada Installment Loan Company License No. IL11154 and IL11155).



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