The combination of managing multiple schedules, numerous vendors, various property types, and extended time frames required significant funding and documentation experience and expertise.
|Equipment:||Air movers, liquid-vacuum trucks, cranes and hydro-blasters used to service the chemical and oil and gas industries.|
|Lessee:||The Lessee is a private equity sponsored industry leader in environmental waste management programs and industrial services with over 90 facilities spread throughout the country.|
|Transaction:||$12,605,000 – Vehicles Structured as an Operating Lease with 32 schedules varying from $270,000 to $930,000.|
|Highlights:||The transactions were completed through a series of 32 schedules varying from $270,000 to $930,000 over the course of the last 12 months. The combination of managing multiple schedules, numerous vendors, various unique equipment types, and extended timeframes required significant funding capabilities and documentation expertise. Additionally, CGCF continues to fulfill the Lessee’s need for additional credit capacity, a challenge commonly associated with high growth companies.
The Lessee chose CGCF due to its demonstrated ability to consistently overcome transaction challenges while delivering a high level of customer service and satisfaction.