NEED:
This company needed $5.5 million to decontaminate and refurbish railcars used to haul nuclear waste.
SOLUTION:
VFI structured a sale leaseback on the underlying railcars and financed the entire decontamination and refurbishment of those cars on a single lease.
BENEFITS:
The lessee was able to monetize an existing asset and maintain their working capital in the refurbishment of that particular asset.
