$6M Sale-Leaseback For Masonry Contractor

Industry: Construction-Masonry
Amount Funded: $6,000,000
Lease Structure: 48-month Operating Lease
Schedule Number: Schedule 1 and 2
Project Origin: Broker

Project Description

A seasoned independent broker brought a masonry contractor with a 20-year history in business and an excellent reputation to CFP for funding. This client needed to secure financing for several new projects they had planned and give them the financial ability to take on even larger projects. CFP was instrumental in providing this contractor with the first of 2 Sale-Leaseback schedules using existing equipment in the yard and funding the project in under 30 days. “This company has shown tremendous growth and resilience over its history. We felt a great sense of trust that the broker would connect this company with us, and a great sense of responsibility to provide the funding necessary to help our customer expand their operations. I’m very proud of our team and excited about the 2 schedules we were able to get funded.” – Dave Johnson, Chief Operating Officer

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