A construction company came to CFP needing a sale leaseback on older equipment. The customer was spending just under $700K for disposal services. CFP, in combination with an SBA, was able to assist this customer.
“We helped our customers acquire a site that will enable them to eliminate costs,” said Bailey Turner of CFP. “This will now serve as a profit center for them instead of a cost center.”
The construction company received funding for $750K, with a 48-month capital lease.