Concrete and Building Materials Supplier
Concrete Glider, Mixers, Blender and Portable Plant
Managed Progress Payments
Complete Project Management
Broad Collateral Allowance
Deep Institutional Expertise
Leveraged deep institutional expertise in structuring Equipment Finance Agreement for used concrete equipment from foreign vendor with complex documentation and regulatory requirements.
With over 30 years of operations as a concrete supplier, the client has vast experience in equipment financing as well as construction. Acknowledging the complexity inherent with acquiring used equipment from a foreign vendor, as well as additional collateral challenges they faced, the client reached out to Regents as a resource to augment their banking portfolio.
Regents has worked diligently since early 2014 with all parties, including the bank group to provide fast, flexible EFA and TRAC financing through multiple schedules for a wide variety of assets including glider mixers, compressors and both fixed and portable batch plant equipment. Regents has also provided early commencement strategies to hedge against impending rate increases and reimbursements for equipment purchased prior to 2014 in order to better serve the client’s needs.
Regents’ focus on building strong relationship-based business is shared by the client and reinforced by the trust extended to Regents by the client’s bank group and the foreign vendors.