$3.6M For Agriculture Rental Fleet (FASB)

Industry: Agriculture
Amount Funded: $3,600,000
Lease Structure: 60 Month operating lease (FASB)
Schedule Number: Schedule 1
Project Origin: Broker

Project Description

This customer has an agricultural rental fleet. The customer’s auditors needed this transaction to be a true operating lease. Incremental rates of borrowing and all other requirements needed to be satisfied to make this work. CFP has invested in this firm for the long term. We look forward to a prosperous relationship.

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