In 2020 during the height of a worldwide pandemic, Equify Financial was referred to as a surface mining and reclamation company by another lender that thought we might be the right people to help with a cash flow struggle. Equify Financial proposed a plan that included refinancing all eight equipment lenders which provided immediate cash flow relief with the first three months of interest-only payments followed by a remaining term with monthly payments that were reduced by more than 40%. Equify Financial also assisted in selling off underutilized equipment and applied all proceeds as a principal reduction and rescheduled payments to further lower the monthly debt service. The company is now thriving coming out of the pandemic and has said that we saved their business and key employees.