Tier 1 Supplier of plastic moldings for one of the “Big Three” auto manufacturers.
Customer was in need of financing of over $7,500,000 in packing equipment and shipping containers.
We were able to structure an aggressive transaction for this very unique mobile equipment which was crucial to supply chain management. VFI helped not only with cash flow, but the client was able to realize higher than anticipated margins on each unit shipped by utilizing an aggressive operating lease structure.
VFI was able to quickly approve, document and fund the financing to allow the customer to recapture profit margin they had been outsourcing.