NEED:
This customer needed $18.4 million of semiconductor manufacturing equipment to expand their capacity.
SOLUTION:
VFI provided $18.4 million of equipment funding and worked with the vendors to make required payments while the equipment was being built.
BENEFITS:
VFI was able to quickly approve and document the transaction. VFI also provided funding of deposits and milestone payments to the various vendors throughout the equipment build, simplifying the process for the customer.
