Machinery Financing Helps Climate Control Systems Manufacturer Get New Equipment and Cash for Facility Improvements

Industrial Climate Control Solutions

Southwest

This industrial climate controls company was established in 2013 and designs environmental control systems and custom projects for commercial buildings.

They needed to modernize their facility and add equipment to complete their strategic plan of insourcing critical processes of their production. They also had a plan to expand into field services for their products.

The size of this endeavor presented a challenge as to how best to finance the new machinery they required but also secure working capital to make the related facilities improvements and manage their existing debt service.

Manufacturers Capital Has The Experience To Finance Machines And Fund Complex Transactions That Most Other Lenders Cannot

Manufacturers Capital was able to work with the customer to structure equipment financing to accomplish the company’s goals. The company was able to acquire the new equipment, consolidate their existing loans and receive the necessary working capital. The customer now has a single loan payment on terms that enabled them to expand their business and manage their cash flow. This otherwise complex transaction was closed as a result of partnering with a finance company that understood the company’s business and the equipment they operated. 

 The complete transaction included:

• Refinancing 2 laser cutting systems, worth $470,000, that they already owned
• Purchasing 7 new powder coating systems for $175,000
• Providing $54,000 working capital for facility improvements and smaller equipment purchases