Medical Manufacture Scores $300,000 For Expansion
Another Funding Success Story
Company Profile
- State: Florida
- Industry: Medical Manufacturing
- Amount: $300,000
- Number of Schedules: 1
- Type of Lease: Tax Lease
- Type of Equipment: Medical assembly equipment for manufacturing
The Challenge
This opportunity originated from a vendor lead who needed a financing partner capable of quickly underwriting and approving customer transactions. The vendor had never previously worked with a finance company to assist customers who preferred not to use their cash reserves for equipment purchases. Their primary concern was finding a funding solution to keep up with their fast-paced manufacturing and delivery timelines.
The Solution
Commercial Funding Partners stepped in and provided a streamlined financing solution that addressed both the vendor’s and the customers’ needs:
- Rapid Approval: The transaction was approved within two business days to ensure a smooth and efficient process.
- Upfront Payment Assistance: The vendor required a 50% down payment to initiate manufacturing. We facilitated this payment with a quick turnaround to keep the project on schedule.
- Seamless Documentation & Funding: Our team worked diligently to complete documentation and funding without delays, ensuring the equipment was ready for installation within the required timeline.
Why This Deal Stands Out
- Speed & Efficiency: We provided a fast approval and funding process, setting us apart from traditional financing options.
- Additional Schedules – This quality client is now prepared to use lease financing strategically to achieve their production goals. Additional funds are available as needed for schedule 2 to 10.
- Vendor Support: By covering the initial down payment, we helped the vendor secure the sale while preserving the customer’s cash flow.
- Industry Impact: This financing solution allowed the medical manufacturing company to acquire essential equipment without disrupting their capital resources, improving operational efficiency.
Conclusion
This successful funding showcases our ability to provide agile, vendor-friendly financing solutions tailored to industries with time-sensitive equipment needs. Our ability to quickly assess, approve, and fund transactions ensures that businesses can continue to grow without financial roadblocks.
If you are a vendor or business looking for flexible and fast financing solutions, contact us today to learn how we can help!