Funding Amount:

$87,500.00

Customer: Justin

Credit Score: 538

Leased Assets :              2013 Caterpillar 336EL Excavator
Additional Collateral :     N/A

Story:

Justin operates an excavating company and was seeking to add another excavator for all the upcoming contracts he had to fulfill. Unfortunately, he had previous open tax liens and poor credit making it difficult for him to secure traditional financing. He came to us with proof of his tax lien releases, an invoice for a used excavator from an authorized dealer, placed a 40% security deposit, a $750 processing fee to cover the GPS device, and was funded around one week later.