NEED:
This company needed a new fleet of combines, hay rakes, balers, and other farm equipment in order to replace aging equipment and expand its fleet.
SOLUTION:
VFI provided a staged financing solution whereby each individual piece of new equipment was deployed at the time the old equipment was taken out of service.
BENEFITS:
This financing flexibility allowed the customer to transition from aged equipment to new equipment without causing major downtime or disruption in production.