Fast Funding Expedites the Order
Project Size: $1.2 Million
Problem: A large, combined selling opportunity with special requirements that would delay funding and leave the dealer short on funds for months
Solution: A specially structured financing plan that allowed the dealer to fulfill the orders per customer requirements without waiting 60 to 90 days to receive funding
Our dealer had eight customers with individual projects of $150,000 each, $1.2 million in total. While the dealer had to immediately purchase the equipment to complete these projects, payment would not be for 60 to 90 days. In addition, the eight customers had other special billing requirements, making this project even more challenging.
LEAF was up to the challenge. With LEAF’s flexible financing and expert assistance, the dealer helped his customers acquire equipment from the manufacturer and then installed it on their schedule and on their payment terms. But he didn’t need to compromise his cash flow by waiting for funding. Thanks to LEAF, the dealer received funding quickly, while allowing customers to defer their payments for up to 90 days.