CGCF was able to offer a competitive capital lease bid for the client that matched the lease program to the length of the contract’s revenue stream thereby reducing the risk of having a lease payment without an existing contract.
|Equipment:||$2.4MM for Shuttle Busses as well as other Ground Transportation Equipment|
|Lessee:||The Lessee is a premier Aviation services provider in U.S. operating as a private company with approximately $500 million in revenues and long established banking relationships in the region.|
|Transaction:||$2,389,227 TRAC and GAAP/Tax Operating Lease|
|Competition:||Management had a long established banking relationship that they were counting on for funding of the loan. They also looked to one of the larger national bank leasing companies as a financing option.|
|Highlights:||CGCF was able to offer a competitive capital lease bid for the client that matched the lease program to the length of the contract’s revenue stream thereby reducing the risk of having a lease payment to make without having an existing contract to pay for the lease. CGCF also offered a TRAC lease that was structured with a 20% residual. CGCF then worked with the vendor on the client’s behalf to negotiate and guaranteed residual value on the shuttle buses; effectively eliminating any residual risk for the client.|
CG Commercial Finance works with Transportation companies to achieve creative, cost effective, and timely financing for asset purchases. With our extensive knowledge and experience we help our clients achieve maximum ROI and minimize up front capital outlay.