Hard Asset for New Equipment

December 5, 2021
Company: Sign Company


The company was very young, only two yeas time in business. They also had limited to no comparable borrowing history. It was a private party sale which means a lot more work has to be done up front to coordinate between the seller and client.


Our team decided to use one of the larger vehicles that KDN already owned as a lean to get approved for the new truck he needed financing for.


The client was able to get approved to purchase a larger truck and get longer contracts that they could not have qualified for traditionally.

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