CFP funds $2.5M for Manufacturing Company
A growing manufacturing company needed to expand into a new market. They signed a long-term contract with a billion-dollar customer and needed a significant increase in their capacity as well as some new technology. In order to allow the firm to build this specialized production line, CFP required progress funding.
“This is more of a partnership than a lessee/lessor relationship,” said Brian Walker. “We look forward to growing with this customer.”
CFP secured $2.5M of funding based on the forecasts, manufacturing experience and past performance.“Too often leasing companies secure a one-time transaction,” Zarbock commented. “It says a lot about CFP that this is our fifth one with this particular customer.”