A construction company came to CFP in need of a sale-leaseback on older equipment. The customer was spending just under $700K for disposal services. CFP, in combination with an SBA, were able to team together to assist this customer.
“We helped our customer acquire a site that will enable them to completely eliminate their costs altogether,” said Bailey Turner, of CFP. “This will now serve as a profit center for them instead of a cost center.”
The construction company received funding for $750K, with a 48-month capital lease.