NEED:
This large construction company was expanding into steel beam construction–for both internal use and sales to others. They needed metal production equipment and a gantry crane with a total cost of $8.25 million.
SOLUTION:
VFI provided a credit line to pay multiple vendors over an extended period of time while the project was being built out.
BENEFITS:
VFI was able to provide a single source of financing for not only equipment but also related expenses like build-out, labor, installation, and shipping.
