CEF | Canadian Equipment Financing

Manufacturing

Manufacturing

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Interim Financing
$1,600,000

A metal shop required progress funding to build a new piece of equipment. Rather than outlay the cash or draw on their bank operating line, we provided a capital lease facility amortized over 72 months. The first 12 months was interest-only to accommodate the progress draws. We were able to preserve the clients access to liquidity so they could continue to operate with ease.

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Refinance & Consolidation
$4,000,000

A growing machinery company was in need of a balance sheet restructure. We provided a term loan facility amortized over 48 months to refinance their existing term debt and inject working capital to reduce their outstanding operating line balance. We were ultimately able to assist the company in their expansion and get them on-side with their banking covenants.

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CNC Milling Machine
$560,000

A company was in need of a quick purchase in order to lock in a discounted price on a new CNC machine. Restrained by tight liquidity on their bank operating line, we were able to deliver a fast approval for a term loan over 60 months. Our responsiveness allowed the customer to aggressively pursue and win large contracts that required the use of the new machine.