SPRINGING INTO NEW FUNDINGS – Q1 Highlights
Let SLIM Capital help you spring into funding your deals so you can get paid!
BOTH Credit-Based and Collateral Based Programs,
Including our new APP ONLY UP TO $300K Program!
Here are a few recent samples:
$290,000 FOR A SHIPYARD LOOKING FOR A SELF PROPELLED HYDRAULIC TRAILER
When this shipyard, located in Miami, Florida, came to SLIM Capital to finance a new boat hydraulic trailer for just under $300K, what better opportunity to try out our new APP Only up to $300K program?!?! While still managing challenges in a COVID time, it was important for us to understand their business and how it has been affected. With restrictions on flying and stay-at-home orders, boat sales have skyrocketed and show no signs of slowing in 2021. This equipment will allow the shipyard to better serve their customers and keep up with the increased demand for their services.
NO NEED TO ROCK THE BOAT WITH THIS DEAL!
$145,000 FOR TWO REFURBISHED FOOD GRADE CENTRIFUGES TO HELP WITH PRODUCTION
This family company located in California started out wanting to make a difference in their community and around the globe. They discovered that 5 million children die every year from malnutrition around the world. In 2015 they decided to develop a 21st century fish protein and Omega-Oil manufacturing technology, with the goal of creating a natural and sustainable protein to provide complete nutrition. They found two Food Grade Centrifuges that have been refurbished that will help with production and increase capacity. SLIM had to familiarize themselves with this type of equipment and better understand what the useful life is on a refurbished system. Ultimately, we were able to offer 100% financing for this family-owned life sciences technology company.
HELPING MAKE A HUGE IMPACT ON OUR PLANET!
$550,000 FOR FOUR PRODUCTION TRAILERS TO HELP KEEP UP WITH DEMAND
This transportation company has been providing luxury trailers and motorhomes to the entertainment industry and celebrities alike. When COVID hit they saw a slight decrease in business for a short period of time. But when things started to open up again they began to see a huge demand for their transportation vehicles and production trailers. And with social distancing required, the demand for additional vehicles increased to meet the COVID restrictions. They had to act fast to increase their inventory of trailers so they did not lose business. So they called SLIM to help them get what they needed and keep providing quality services to their clients. Despite their revenues being 10% lower than the previous year, they have already secured new contracts for future rentals. They are now on track to increase their business this year and return to pre-COVID revenues.
THE SHOW MUST GO ON!!
$115,000 FOR TWO ELECTROLYZED WATER SYSTEMS
This family-owned medical waste management company has been around since 1999 with its primary focus in healthcare. When the pandemic hit, their current customers needed their services and so did new clients looking to stay safe. To keep up with the increase in demand they needed additional industrial size sanitization equipment to service their contracts. They presented us with a vendor that provides systems that produce a non-toxic disinfectant that kills most germs, including COVID! We found this to be extremely opportunistic for the vendor and borrower and have continued to fund more machines for the vendor.
HELPING KEEP AMERICANS SAFE!