READ OUR SUCCESS STORIES
We have several success stories to choose from. Pick your category below to get started!
CONSTRUCTION & EXCAVATION
This equipment will increase revenues by approximately $15K a month. As part of the rental, they will be getting a credit from the vendor as a capital reduction. This will be about $15K, bringing the total request to $55,111. Lessee has a dump truck that’s owned free and clear that they could pledge as additional collateral instead of providing a higher security deposit. That in combination with the vendor crediting the rental payments towards the purchase price got credit comfortable with the transaction.READ MORE
ROCK CRUSHING PLANT
This vehicle was absolutely necessary for expansion. We were able to obtain a cross corporate guarantee from the lessee’s other business($1,400,000 annual revenue), they agreed to a shorter term of 24 months, 10% refundable security deposit, 2nd lien on land and building.READ MORE
REGIONAL TRANSPORTATION
Pretty straight forward deal; 36 month term, 15% security deposit, 2 PG’s D&B payday 76, No judgments, suits, liens or defogs, Good TIB, High employee count, Strong Revenue and profitable, Not specifically over-the-road trucking, Owners highly involved in professional and safety org’s, Company is very compliant with regulatory requirements.READ MORE
ROAD CONSTRUCTION
Taking time to listen to the story is what got this transaction approved. With previous BKs, a very low Paydex, and negative revenue trends this request showed up on paper as non-qualified for an $87k lease. After taking more time to talk to the lessee and hear the real story behind the numbers, it became readily apparent that this was one of the better profile companies of its size today.READ MORE
AMBULANCE SERVICES
These ambulances will increase revenues by approximately $10K a month. Current fleet is 25 ambulances, these two ambulances will be added to the existing feel as back up’s in the event that one or two of the existing ambulances breaks down.READ MORE
PLASTIC SURGEON
Owner is taking a six figure W-2 salary Good ROI on equipment (doctor estimates $15,000 – $20,000 per month.Strengths (Pros) – Company is profitable – Owner is taking a six figure W-2 salary – Good ROI on equipment (doctor estimates $15,000 – $20,000 per month) – Owner has re-established credit
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UTILITY SERVICES
Pretty straight forward deal; 36 month term, 15% security deposit, 2 PG’s This customer needed to upgrade their existing equipment for a new contract. Shorter term, higher deposit, 18 month term, 25% SD, 2 PG’sREAD MORE
REAL ESTATE SERVICES
Taking time to listen to the story is what got this transaction approved. The blanket lien (although weak) gave us control of all company assets. We were able to approve this deal with a shorter term of 30 months, 20% security deposit and blanket lien.READ MORE