Competitive rates, (even lower than bank rates), 100% financing, reimbursements, and custom buyout options met Client’s major goal of increasing cash flow while still retaining ownership at end-of-term.
The Client’s major goal was to increase cash flow by lowering variable rate monthly payments and securing lower fixed rates for previous equipment purchases financed by their bank. In addition, a significant percentage of the equipment was considered either soft collateral or highly customized which required Regent’s expertise to both accurately assess fair market value and securitization of the transaction.
Regent’s not only beat the bank’s rate but provided equipment reimbursements at fair market value for used equipment of significant age. As a result, the Client continues to utilize Regents as an additional alternative resource for financing future 2017 equipment acquisitions.
“Regents has provided our company with outstanding service. We utilized their reimbursement program to monetize our recent equipment purchases applying the some of the new capital towards completion of our facilities security system. We were also able to lower our monthly payments, improve our liquidity and now have the dry powder we need to capitalize on growing demand from within the Construction industry.
We are very happy all around – no complaints. Regents will be the first I call the next time something comes through.”
– John H. Controller