NEED:
To support their expanding operations in North America, this company needed a lender to finance a wide variety of equipment. Their financing requirements included office equipment, leasehold improvements, laboratory equipment, and transportation equipment.
SOLUTION:
VFI quickly approved, documented, and funded multiple rounds of financing totaling $8.7 million for the unique combination of equipment and a large group of vendors.
BENEFITS:
VFI provided one financing solution with enough flexibility to cover soft expenses, like leasehold improvements, and combine different types of equipment.