NEED:
Critical to maintaining their industry position, the client needed to add 17 cranes to their rental fleet to keep up with demand.
SOLUTION:
To meet the client’s needs, VFI utilized a very creative FMV lease structure. VFI worked closely with the executives to ensure that each crane was going to cash flow from its rental revenue.
BENEFITS:
VFI met the client’s cash flow needs by providing funding in less than two weeks to ensure delivery dates were maintained. The VFI product enabled the client to meet their cash flow requirements effectively.
CUSTOMER TESTIMONIAL:
“In order to get the cranes that we needed to meet our contractual obligations, we put VFI under a very tight timeline. As we needed the funding in 9 business days to ensure we did not lose any of the cranes we needed. VFI not only delivered they exceeded our expectations. This is what a true lending relationship is all about.”
Chief Financial Officer
