A manufacturing customer needed cash to update their products to digital equipment. Their bank was unable to fund this transaction, so they had to look elsewhere for assistance. Quickly after contacting CFP, they were able to get a 60-month capital lease for $350K.
“Efficiency of their new technology will help this customer gain regional market share,” said Brian Walker, CFP National Sales Manager.
In addition to this quick funding, the customer will have an increase of $10K per month in net revenue after the lease payment.