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Growing Healthcare Company Receives $650K for Mobile MRI Machine

Industry: Mobile MRI
Amount Funded: $650,000
Lease Structure: Growing Healthcare Company Receives $650K for Mobile MRI Machine A healthcare company was in need of a lease sale-back for a mobile MRI machine. They were already heavy on assets but needed a way to continue to grow and increase revenue.”This company had many assets that were holding back their growth,” said Buddy Zarbock, VP of Commercial Funding Partners (CFP). “CFP was able to come in, purchase their assets and free up cash for them which enabled them to pay off their existing lenders. By improving their cashflow, CFP provided them the ability to continue their growth as a company.”The company received a $650,000 36-month operating sale-back lease for a mobile MRI machine from CFP and the ability to grow in revenue.
Schedule Number: Schedule 1

Project Description

Growing Healthcare Company Receives $650K for Mobile MRI Machine
A healthcare company was in need of a lease sale-back for a mobile MRI machine. They were already heavy on assets but needed a way to continue to grow and increase revenue.

“This company had many assets that were holding back their growth,” said Buddy Zarbock, VP of Commercial Funding Partners (CFP). “CFP was able to come in, purchase their assets and free up cash for them which enabled them to pay off their existing lenders. By improving their cashflow, CFP provided them the ability to continue their growth as a company.”

The company received a $650,000 36-month operating sale-back lease for a mobile MRI machine from CFP and the ability to grow in revenue.

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