A Durable Medical Equipment (DME) provider was in need of additional equipment for their growing business. Due to elongated third party pay for their services, equipment financing of additional equipment was essential to meet customer needs.
EFA
Lower 48 DME Provider
Problem:
Solution:
Through our relationships, we were able to secure additional lines of credit for equipment purchases. They now have additional credit history so that additional equipment purchases can be handled in a timely basis.
This construction company had hit some hard times. Cash on hand was light, not enough to buy new or used equipment. They had secured new work, but didn't have enough money to actually do the work because they could not afford the equipment. They needed money to make money....but didn't have money. They were caught between a rock and a hard place.
Used heavy equipment 3 Year Lease
Midwest Construction Company
Problem:
Solution:
The company turned to us for lease financing. Their credit wasn't terrible, but not good enough for a traditional bank. Although they tried other firms, they found those rates to be borderline usury. Working with us and several vendors we know, we were able to get them financing. They were then able to take possession of the equipment, begin work, and enhance their cash flow.
This company needed additional industrial snow removal equipment, and cash flow was at a premium. It only made sense to lease this equipment so that cash could be preserved for operational use.
As the company was growing, their need for additional equipment was paramount.
Midwest Landscaping Company
Problem:
Solution:
Through multiple sources, we were able to get them all of the equipment they needed to service existing as well as new contracts.