Last month was March Madness at Madison Capital. We posted our third best month in our 40 plus year history. Demand was very strong for both vehicle and equipment financing. We have financed almost 50% of last year’s fundings through Q1 of this year. Demand for Madison’s financing services is carrying over from a burst in both vendor and end-user business. The last half of 2015 ended with a surge and 2016 is off to the races.
Keys to success include Madison’s rapid credit turn around, quick digital document process, and outstanding customer service, delivered by a very experienced and dedicated team.
Funding Transaction Highlights include:
- $400K for the refinancing of rental vehicles coming off a lease from another financing source.
- $287K for a Lamborghini to be used in an advertising promotion for a NY firm.
- $139K- iPads for restaurant service company Used laser for medical practice
- $72K- Used laser for medical practice
- $338K – Solar system for private school parking facility.
- $314K – GPS piloting systems for marine industry
- $316K – Fitness equipment for Florida golf course resort community
- $56K – for x-ray equipment in Puerto Rico dental practice
- $73K – 2013 Peterbuilt truck for freight transport company
If you plan to add equipment and/or vehicles in 2016 please give Madison a call, you’ll be glad you did.