Dynamic Capital recently facilitated the refinancing of this 2018 CBI Magnum Force Horizontal Grinder, injecting $350,000 in working capital to address immediate payables and fortify their liquidity while awaiting substantial receivables. Our flexibility in providing working capital was evident as we collaborated with Sterling Appraisals Ltd. to swiftly conduct a physical appraisal within 48hours. This appraisal furnished an accurate and comfortable valuation, setting the lending ceiling at $500K.
Additionally, our flexibility extended to the term of the deal — while approved for a 4-year term, the client opted for a 36-month duration, anticipating the realization of receivables within this time frame and opting for a faster paydown.
