A $3,000,000,000 solar energy and engineering company based in Europe.
NEED:
To finance their expanding operations in North America, they needed a lender to finance a wide variety of equipment. Their financing requirements included office equipment, leasehold improvements, laboratory equipment and transportation equipment.
SOLUTION:
VFI quickly approved, documented and funded multiple rounds of financing totaling $8,700,000 for the unique combination of equipment and large group of vendors.
RESULTS:
Better management of cash flow during off-peak-season
Proper management of outdated equipment assets
BENEFITS:
- Quick approvals and fast turnarounds
- Financing for soft expenses, like leasehold improvements
- Flexibility to combine different types of equipment into one financing solution