FALL FUNDINGS YOU WANT TO SEE
Here are some fall fundings we think you will want to know about!
BOTH Credit-Based and Collateral Based Programs,
Including our new APP ONLY UP TO $300K Program!
$630,000 FOR A CANNABIS DISPENSARY UPGRADING THEIR MACHINERY
WHO – CANNABIS DISPENSARY
WHAT – SINGLE WEIGH, FILL and BAG SYSTEM
WHERE – CALIFORNIA
WHY – This company came to SLIM Capital because they knew we could provide the financing they needed for this industry type of equipment. So many other lenders say they will work in this space but simply don’t fund the deals. With over a hundred locations nationwide, this company is growing at a rapid pace and they need to keep with demand. This specialized piece of equipment can help the distributor speed up the production of this product to market. With just two years’ time in business, SLIM was able to get comfortable with the company’s mission and the equipment they wanted to acquire. We took a 20% down payment to get the deal done! HELPING NEW BUSINESSES GROW!
$300,000 FOR A CHOCOLATE COOLING SYSTEM
WHO – BAKED GOODS MANUFACTURER
WHAT – CHOCOLATE COOLING SYSTEM
WHERE – ILLINOIS
WHY – This baked goods manufacturer can be found in many local grocery stores nationwide. It is a family-owned business that found the need for sweet treats that are allergen-free. As more and more kids suffer from allergies, they saw an increase in business for their products. To become more efficient and increase product production they needed to update their machines. With several owners and different locations for the business, SLIM Capital needed to dig in and see how to help. With a 60 month term, this baked goods company was able to continue filling their orders. LIFE IS A SWEET TREAT!
$300,000 FOR A HOTEL THAT WANTS TO SAVE MONEY WITH SOLAR
WHO – HOTEL INDUSTRY
WHAT – SOLAR PANELS and INSTALLATION
WHERE – CALIFORNIA
WHY – When this large hotel approached SLIM Capital with this equipment acquisition it was going to be tough to justify lease payments in the ROI calculations. And furthermore, the solar panels were going in at a new location that is still under construction. Prefunding this transaction was key. But even despite those challenges SLIM Capital was able to help this company become more energy-efficient and was even able to provide a 60-month term that was requested. The Future For Solar Energy is Bright!
$285,000 FOR VARIOUS EQUIPMENT NEEDED FOR A MINING COMPANY
WHO – A MINING COMPANY
WHAT – VARIOUS EQUIPMENT INCLUDING A BOX TRUCK AND FLATBED
WHERE – NEVADA
WHY – The biggest challenge with this transaction was the industry and the age of some of the equipment. With just under ten vendors to work with and one piece of the equipment being 15 years old, SLIM knew they needed to find out more about the business to get comfortable with the deal. With this company has been in business for some time and solid credit history, SLIM Capital knew they could help! With some time and patience, the drilling company was ready to take on new contracts to expand their business.
SLIM WILL DRILL IN AND HELP GET THE DEAL APPROVED!