A major telecom services company was recently referred to me
as they were unhappy with the service and lease rates they were receiving from
their existing leasing company.
After a quick review of their financials, I introduced them
to a major independent leasing company.
Within seven days, they received approval and accepted an offer for a $2
million lease line of credit to cover their 2018 IT equipment purchases. The lease line was structured with a fair
market value purchase option.
The CFO was pleased with a great solution that will enable
the company to better manage residual risk and equipment obsolescence.
The rates? If I told
you, I would be in big trouble!
Are you a business who needs equipment financing or working
capital? Marshall Lebovits of Asset
Based Funding Solutions has over 30 years of experience in the secured lending
industry. He can be reached at (310)
344-2522 or via email at Marshall@Funding911.com.
