Manufacturing Expansion: $3.5 Million
48-Month, Fully Amortized Lease
Longer than Usual Amortization
Featured Project: Bank Declined Your Assets?
Manufacturing Facility Expansion: When the Bank is Full, but your Building Isn’t
Client Situation: Achieving a dream to own their primary headquarters, this client received funding from their primary lender. However, their bank declined their expansion’s non-shell assets, critical assets for a successful expansion. This manufacturing needed a secondary capital source.
EFFI Provided: Once the bank declined, EFFI picked up right where the primary lender left off. EFFI supplied the additional capacity and capital to fund the remaining equipment necessary to complete the expansion.
- The new facility was state-of-the art for this engineering firm. The cash required to fund the down payment for the real estate financing left the company low on cash. The real estate financing used almost all the availability with the primary lender.
- The building’s interior required office module furniture financing, lighting, racking and even forklift financing before the employees could move in and enjoy their new facility.
- EFFI provided Well Priced & Well Structured equipment financing for critical assets that the bank declined.
Has your primary bank declined a particular type of asset? When your primary lender seems ‘full’ or unwilling to provide more capital, EFFI can offer a complete, Well Financed solution: firstname.lastname@example.org
See other projects that we’ve funded successfully.
Transportation & Tilted Vehicles
Apple Campus Heavy-Haul Project: $4.5 Million
The largest contract of this heavy haul trucking company’s history came from Apple, Inc. The project required additional trailers and power units in order to prepare for growth in their business and meet promises to their new client...
Food & Beverage
BigBox Food Manufacturer: $11.5 Million
While the client had a concentration in revenue with their BigBox retailer (think Costco or Walmart), we relied on the management experience, long-time relationship with the major brand, and multiple-SKU offering. The facility included production equipment in a multi-faceted line, catwalks, HVAC, and even a packing line.
Construction and Demolition Project: $6.0 Million
When providing union and non-union labor for construction projects, a company must segregate its assets. For union jobs, these assets must not be leased from a non-union entity. Set up an internal startup for inter-company rentals to meet these critical regulations as a construction company. EFFI fulfilled the asset transfer and refinance to establish an internal startup rental company for this construction & demolition business owner.