CFP funds $575K in FF&E to a start-up company
A trusted broker in CFP’s network had a difficult transaction for a start-up company. The broker knowing CFP’s capabilities reached out to fund $575,000 of FF&E in the restaurant industry.
“Start-up companies are never an easy project,” said Bailey Turner, CFP Manager of Business Development. “Fortunately, strong guarantors in unrelated industries made it possible to fund this project.”
The company was able to fund their project with a 48-month capital lease.