Helping a Dealer Meet a Large Customer’s Special Credit Needs
Project Size: $300,000
Problem: Unusual credit requirements made securing equipment financing difficult for a large national company
Solution: A unique financing arrangement turned a potential deal breaker into a deal maker
A dealer was working with a large management company operating from a national headquarters, with locations across the U.S. Though each location is a separate legal entity, they all operate under the umbrella of the headquarters – and each depends on it to secure credit for equipment financing.
Knowing LEAF excels in flexible financing, the dealer asked what we could do to help. In response, we developed a plan to allow locations to finance equipment using the credit credentials and guaranty of the company’s headquarters. Now each location gets the equipment it needs with terms that fit the company’s business model and the dealer continues to gain new business with this large customer.