CFP Provides Car Dealership with Cutting-Edge Technology
A car dealership in California had power bills that were going through the roof. Commercial Funding Partners (CFP) was able to step in and provide the dealership with a cutting-edge generator system for $350,000. A 60-month structure was created for the dealership, and it immediately gave them a positive cash flow from the first day the equipment was installed.
“Because the technology that we needed was so new, we went to multiple lending sources to get it funded,” said the car dealership’s Director of Sales. “CFP was able to get comfortable with the new technology and provide a structure that worked for our customer in a real and profitable way.”
The manufacturer’s technology was reliable, but not well established in the marketplace. CFP was able to take the strength of the credit line and leverage the expertise of the manufacturer into a transaction that worked well for all parties involved.