NEED:
This fitness equipment company was growing and required $3.25 million to fund fitness equipment for club expansion in the U.S. and China.
SOLUTION:
VFI provided financing for the entire equipment expansion project including $1.5 million of equipment located in China.
BENEFITS:
VFI was able to provide financial resources for continued growth, including financing equipment in China. This allowed them to streamline their expansion with funding from one source.