Success Story
Fast Funding Expedites the Order
Problem
An equipment dealer had a combined selling opportunity involving eight customers with individual projects of $150,000 each, $1.2 million in total. Since the dealer had to purchase the equipment immediately to complete these projects, they would not receive payment for another 60 to 90 days. In addition, the eight customers had other special billing requirements, which made this project even more challenging.
Solution
With LEAF’s flexible financing and expert assistance, the dealer helped his customers acquire the equipment from the manufacturer and then installed it on the customers’ schedules and payment terms.
Impact
Thanks to LEAF, the dealer received funding quickly without having to compromise his cash flow and the customer received the equipment while deferring payment for up to 90 days.