$38,000 Equipment Loan for Growing Client

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Oct 6, 2017 dbr (0)

When our client, a soil testing company, needed to buy a piece of drilling equipment to better service their oil/gas company customers, DBR knew they had a solution.  Through Diversified Capital Resources, our sister company, a $38,000 equipment loan was quickly approved and funded.

 

For their convenience, our client agreed to have the loan payments automatically made from the reserve account, a solution which the client’s payables department applauded.  With the new equipment, revenues from their customers increased and the factoring facility ensured that there was plenty of cash flow to accommodate the growth.

 

 

Due to the close relationship between the client and the Portfolio Manager, the need for equipment financing was known before the client spent time seeking a loan from another source.  Our hands-on approach to servicing the cash flow needs of our clients has made us a valuable resource for them.  DBR is Doing Business Right.

 

Contact us at (760) 738-1400 or funds@dbrfactors.com to find out how we can help your company today.

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