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CG Commercial Finance provides middle and large ticket capital equipment financing.
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    $6.9MM for Turbomachinery Manufacturer

    Competitive pricing, required capacity and rapid turnaround

    CGCF provided competitive pricing for highly-customized collateral, the required credit capacity (far in excess of other individual finance providers capabilities), progress payments and rapid turnaround despite many transaction challenges.

    Equipment: EMAG CNC Milling, Handling and Finishing Machines
    Client: The Client is a global turbomachinery engineering and manufacturing company supplying the aerospace, industrial, automotive, marine, and propulsion industries for over 30 years. From its eight production facilities, the company supplies nozzles, blades, and vanes for the steam & gas turbine markets and produces parts for automotive turbochargers, air cycle machines, micro turbines, and aero engines.
    Transaction: $6,887,616 for various CNC machines to fulfill the increased production requirements of the Client’s major customers
    Highlights: CGCF provided competitive pricing, the required credit capacity (far in excess of other individual finance providers capabilities), and rapid turnaround despite many transaction challenges including highly-customized collateral, clean-up of erroneous lien filings from past finance providers, and progress payments to foreign vendors.

    “We at CGCF are honored that an industry leading company presented us the opportunity to provide financing for their business expansion and equally pleased to be chosen as the preferred financing partner for the Client’s ongoing equipment requirements through 2016.”

    W. Scott McCullum, President – CG Commercial Finance

    “The equipment was customized to meet our client’s expectations in regards to absolute minimum tolerances required in the manufacturing of impellers, turbines, rotors and other components of high performance rotating equipment for the aerospace industry. Many lenders could not get comfortable with this type of modified equipment but CG Commercial spent the time to understand it along with our business history and our high profile clients. CG Commercial successfully funded our transaction with a very competitive rate after solving some existing lien problems we had with past lenders. Based upon CG Commercial’s expertise and execution of this transaction we have engaged them again to provide financing for our upcoming capex needs. We value our partnership with CG Commercial.”

      – Dave Zelie – Controller

    View More Challenges That Became Commitments

    CG Commercial Finance provides strategic equipment financing solutions to support you and/or your equipment sales worldwide. CGCF also gives you competitive advantages with superior financing product, delivery of fast and easy solutions for you and/or field sales reps, and increases in sales and profitability without added credit risk.

    CG Commercial Finance Manufacturing

    CG COMMERCIAL FINANCE
    2211 Michelson Drive
    Irvine CA 92612
    Toll Free: 800.303.4006

    info@cgcommercial.com
    www.cgcommercialfinance.com

    SALES CONTACT:

    Tobin Junowich
    Senior Vice President
    tobin.junowich@cgcommercial.com
    Direct: 800.303.4006 ext 307

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    OUR PHILOSOPHY
    • INSIGHT

      Our Transaction Process:
      Our commercial finance professionals take the time and ask the right questions to ensure we are providing the best fit solution for your needs. Client considerations include reporting and compliance effects, operational issues, GAAP/Tax treatment and more.

    • ABILITY

      Experience and Knowledge Applied:
      We are commercial finance & accounting professionals. Experience and knowledge applied are what matter most and that is our primary focus. So, we will tell you what we think is best for your organization, not what we think will get us the deal.

    • EXECUTION

      We Get Deals Done:
      We have an excellent track record of completing commercial finance transactions of all types and complexities from GAAP/Tax Operating Leases to large revolvers and term debt syndications for credit profiles ranging from investment grade to extremely challenged.

    FEATURED POSTS
    • Preparing for the New Lease Accounting Rules
      June 19, 2017
    • WITH GE CAPITAL’S MONEY GONE, YOU JUST MIGHT NEED A COWBOY.
      October 31, 2016
    • CG Commercial Finance acquired by Atalaya Capital Management
      July 11, 2016
    • Executive Summary
      February 29, 2016

    LET’S DO BUSINESS

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    Equipment Leasing and Finance Association website security

    $4,500,000

    Highest advance amount for used equipment

    $16,598,153

    Managed multiple US and UK international transactions

    $6,887,616

    Customized collateral, competitive pricing and rapid turnaround

    $3,935,085

    Progress funding of I.T. assets during energy downturn

    $10,206,405

    Complex and rapidly evolving credit situation

    $6,847,556

    Only Lessor to qualify transaction to PwC’s approval

    $11,758,923

    Vendor services for highly customized, hi-tech equipment

    $63,564,893

    Banks declined as collateral was “outside of the box”

    $5,055,000

    Large volume of low-valued assets, multiple vendors