Only competing Lessor that could structure the transaction to include financing of the large volume of low-valued assets including painting, signage, audio/video equipment, I.T., shelving and flooring.
|Equipment:||I.T. Hardware/Software Security Systems and FF&E including racking, shelving warehousing and point-of-sale equipment|
|Lessee:||The Lessee is a 30 year old premier footwear retail chain with over 70 neighborhood-based stores located in California and Nevada.|
|Transaction:||$5,055,000 capital lease with multiple schedules and milestone payments.|
|Highlights:||The Lessee needed to CGCF process and fund multiple equipment vendors, many with milestone payments and 5-6 month installation periods. Significant soft costs such as racking, shelving warehousing and point-of-sale equipment were included in the transaction.
The completion of this transaction illustrates CGCF’s broad funding capabilities; specifically the ability to fund a transaction with virtually no hard assets in a macro-economic climate unfavorable to the retail fashion industry. CGCF success in funding this first lease with the Lessee and in managing the matrix of schedules and vendors has established a relationship of trust and procured future business.
CG Commercial Finance gives you competitive advantages with our robust funding capabilities which include long-term installation funding, numerous delivery schedules and the ability to finance soft costs and services to provide over 100% financing, which in turn maximizes profit for you.