Professional Service Education
$268,124
FF&E and Soft Costs
Results
Rapid Funding
100% Financing
Creative Credit Allowances
Deep Institutional Expertise
Author: Regents Capital
Technology Services Company
Technology Services Company
$512,410
IT Hardware/Software and Soft Costs
Results
100% Financing
Complete Project Management
Broad Collateral Allowance
EQ Purchase Reimbursements
Hospitality Management Company
Hospitality Management Company
$315,658
Conference Center Buildout and Soft Costs
Results
Rapid Funding
100% Financing
Complete Project Management
Broad Collateral Allowances
Luxury Group
Luxury Group
$1,108,172
IT Hardware/Software and Fleet Vehicles
Results
Improved Operations
100% Financing
Managed Progress Payments
Complete Project Management
Lumber and Supplies Company
Lumber and Supplies Company
$55,000
Security Systems
Results
100% Financing
Covered Shortfall
Managed Cash Flows
EQ Purchase Reimbursements
Retail, Food & Beverage Company
Retail, Food & Beverage Company
$343,468
FF&E, IT and Fast Lane Systems
Results
100% Financing
Covered Shortfall
Complete Project Management
EQ Purchase Reimbursements
Electronics Manufacturer
Electronics Manufacturer
$300,263
Wire Processing and CR22 Machines
Results
Rapid Funding
Managed Cash Flows
Managed Progress Payments
Complete Project Management
$3,756,148 for Hospitality Management Company
Hotel Management Comany
$3,756,148
Ballroom & Lobby FF&E and Soft Costs
Results
Managed Cash Flows
Managed Progress Payments
Complete Project Management
Broad Collateral Allowance
Client required rapid, creative reimbursement of equipment purchases in order to convert variable debt to fixed-rate financing with more flexible terms despite company’s seasonal cash flows and complex legal requirements.
Together, Regents and the client have faced many challenges. In particular, servicing two large projects with upwards of 50% soft costs in multiple locations with 30+ vendors and tiered approval processes required Regents to fully extend our project management expertise to all key stakeholders.
In addition, the client required creative reimbursement financing of recent equipment purchases in order to convert variable debt to fixed rate with more flexible terms, apply capital to bridge seasonal cash flows and to satisfy complex legal requirements associated with existing equipment liens.
As a result, the client has expanded operations and increased penetration into the luxury hospitality market within the Southeastern region of the U.S.
We have had the pleasure of working with Regents Capital on multiple lease financing projects over the years. Their ability to finance our projects, including those with upwards of 50% soft costs continues to surprise us and surpass all others who have competed for our business in the past. Regents also secured funding for previous equipment purchases enabling us to hit our project deadlines; critical in our seasonal based business. Regents excels in project management, often serving as our right hand by processing complex documentation, coordinating with our internal departments and multiple vendor management, all while providing rapid funding. Many of the past projects commenced even before the equipment was delivered.
Our shared success has established a relationship of trust that extends well beyond business, and we look forward to our future partnership with Regents.”
Chris K., Chief Financial Officer
Featured Transactions
$8,806,286 for Construction Company
Construction Company
$8,806,286
Yellow Iron and Industrial Cranes
Results
Managed Cash Flows
Managed Progress Payments
Improved Operations
Complete Project Management
Equipment Line of Credit provided fixed rate financing for over $7MM in yellow iron plus additional $1.8 MM for soft costs – fully utilized within first year.
The client approached Regents as an additional resource to compliment their existing banking group with the intent to acquire much needed equipment at competitive rates without violating their bank covenants and to improve their leverage ratios. In addition, the Master approval needed to have quick funding capabilities, no prepayment penalties, and varying lease structures within each schedule to best service their changing financial needs and market conditions.
As a result of utilizing Regents’ Equipment Line of Credit, the client was able to draw down only as needed to increase equipment inventory depending on customer demand. By carefully managing cash flow and deducting operating expenses through leasing, the client has sufficient liquidity to weather macroeconomic downturns within the energy related industries and anticipates increase utilization in most classes of rental assets.
Featured Transactions
$25,440,906 for Transportation & Logistics Company
Architectural Services Firm
$2,260,053
FF&E, Facilities Build-Out, Software and Signage
Results
Improved Ratios
Broad Collateral Allowance
Preserved Cash/Credit Line
Deep Institutional Expertise
Full service project management processing hundreds of invoices and numerous vendors as well as tailoring structures and documentation to satisfy client’s requirements.
As a long-standing client with multiple Equipment Lines of Credit, Regents has financed a wide variety of assets and managed numerous vendors with diverse invoicing and payment processes. The funding of over 1,000 handheld GPS units proved one of the most challenging projects, requiring a systematic approach for both newly commissioned and seasoned suppliers. The inclusion of delivery and training soft costs for the units was accomplished by leveraging Regents’ broad funding portfolio to provide 100% financing.
Working to preserve the client’s banking covenants, Regents improved debt-to-equity and other leverage ratios as well as providing custom documentation in order to satisfy the client’s legal requirements.
As a result, the client has expanded their logistics operations, improved efficiency and continues to utilize Regents’ expertise to structure transactions that require rapid funding, 100% financing and complex project management.
We have engaged Regents Capital on over 18 equipment financing projects to date and look forward to working with them through many more as we continue to expand across the U.S. We have found the Regents team to be thoroughly reliable and responsive to our many diverse business needs including processing literally hundreds of invoices from both newly commissioned and established vendors. Regents even rewrote schedules to support our unique financial reporting requirements and improve our D/E ratios.
Regents’ commitment to our company has been steadfast; as is our commitment to work together for many prosperous years to come. We wholeheartedly recommend Regents to anyone in need of equipment financing and exceptional client service.”
Chris K., Chief Financial Officer