A small equipment rental company was in need of a tracking system for their equipment. We assisted in the financing of GPS tracking modules. We provided a 60 month lease that the client could payout at anytime after the first 12 months and advanced 100% of equipment cost, which helped preserve the customer's working capital.
Skin Care Medical Device
A long-standing cosmetic skin care company was looking to diversify their operation by introducing new technology. We provided a capital lease facility amortized over 60 months to facilitate the purchase of a new skin care medical device. The facility bears no financial covenants and no reporting requirements.
Agricultural Grain Bins
A family run farm was in need of additional grain storage as they had recently acquired more property. We provided a capital lease facility with a 48 month term and 20% purchase option to purchase new grain bins. The monthly payment was structured to minimize the impact on the company's cash flow. No personal guarantees and no financial covenants.