With capital tied up in assets and an increasing demand for logistic services, this client needed to access cash for equipment purchase to support demand.
With cash flow constraints and limited financing options, this DFW based client did not meet traditional bank financing requirements and was in a bind. Additionally, all of his assets were deployed and he needed additional equipment for new contracts. Not only could this client not move forward in his business but he didn’t have the resources to be able to secure and fulfill new contracts.
Through a partnership with Equify Financial, the client was able to take out a bank relationship that provided financing for new working capital. Equify Financial also helped this client with additional equipment financing to keep his cash flow open and pipeline running. Today, this client has become an industry leader and recently acquired one of their competitors.