Our Dynamic team closed a $3.5 million deal that included two portions: a $2M equipment backed revolver; and a $1.5M refinance (term loan) that was funded in-house.
While some refinances take place in a downturn when cashflow is tight and payment savings need to be created, this was a strategic refinance to position the client to take advantage of upcoming opportunities. This facility has put our customer in a cashflow and liquidity rich position which will allow them to pull the trigger on upcoming projects with access to cash within 24-hours.
