Strengthening Surplus During a Multi-State System Transformation
An Ohio-based company operating across six eastern states implemented a company-wide Guidewire software platform, unifying operations for the first time across all locations. However, the rollout coincided with significant cost overruns, natural disaster impacts, and rising inflation—putting pressure on the company’s surplus.
Commercial Funding Partners structured a $100 million, 60-month sale-leaseback, providing immediate liquidity and a flexible payment structure to stabilize the business during a critical transition.
The company faced a convergence of financial and operational pressures at a pivotal moment.
While executing a large-scale technology transformation, the business encountered unexpected cost increases and external disruptions that strained capital reserves. Maintaining surplus levels while completing the system rollout became a top priority.
Key challenges included:
Commercial Funding Partners designed a highly customized $100 million sale-leaseback structure to provide immediate capital relief while maintaining long-term flexibility.
This structure allowed the client to stabilize financially while continuing its system-wide implementation.
With the financing in place, the company successfully navigated a complex financial environment while completing its technology transformation.
Results included:
Large-scale transformations often require equally sophisticated financing.
When companies face simultaneous operational upgrades and external financial pressure, traditional structures may not provide enough flexibility. This transaction highlights how customized sale-leasebacks can deliver liquidity, preserve capital, and support long-term strategic initiatives.
