Scott Schepens and his team advanced $3.056MM across 2 deals, including a $1MM Equipment Backed Revolver (EBR) and a $2.056MM in-house Refinance deal.
This particular Refinance allowed the client to pay out $946K in existing equipment debt with 9 separate lenders, as well as a $463K operating line and $754K in CRA debt.
Overall, these deals helped boost cash flow while making available $893K in working capital on the EBR, giving the client access to additional liquidity while getting them back on track with the CRA.
Our team specializes in tailoring funding solutions to each individual client through the use of a full spectrum of products. If you’re interested in a common sense funding solution, get in touch with an Account Manager in your area by visiting dynamiccapital.ca/team.