Let me tell you a true story (with names changed to protect the innocent). Bob is in the market for about $125,000 in new commercial equipment. He’s had some harder times, but the new equipment to win a new piece of business he knows he can get will really get him out of the woods. Bob loves the industry leading…
The Company: An Oregon-based, third generation construction company specializing in restoration/repairs of bridges. For 2014, the company had $2.7M in gross revenue with a $53K net loss. The Challenge: Rental costs can be high and the company found themselves renting welding equipment they would like to own. They lost money in 2014, the Balance Sheet was leveraged and collateral for the deal…
The Company A Florida-based father and son transportation company providing short haul for local grocery stores since 2000. The company has three 1099 employees and part-time bookkeeper with Gross revenues of $374K with modest profitability and low debt. The Challenge Customer recently purchased two power units and now needed two reefer trailers to put the units to work and pick up…