Madison Capital continues to serve businesses with equipment and vehicle financing solutions for their needs. The following are a few recent highlights:
Need: A company in the portable restroom business needed to finance 2 used trailers and approximately 100 portable toilets. Some of the equipment had recently been purchased by the company.
Result: Madison Capital was able to provide 85K of financing that included both the acquisition of additional equipment and re-imbursement of the previously purchased equipment.
Need: Mid-West trucking company desired financing for the addition of aero dynamic equipment to their existing fleet of trailers. The trailers were financed with another lender.
Result: Madison Capital provided 116K of vehicle financing under its interest free program.
Need: Financing needed by regional mall in Illinois for its new holiday décor.
Result: Madison Capital approved amount requested of 169K for 60 months with no personal guarantees required.
Need: Spinning bike facility was opening a new location and needed new cycles to complete the project.
Result: Madison Capital was able to secure and fund this repeat client for approximately 100K. Madison Capital has funded their first and second locations and it appears there are many more to come.
Need: Off airport daily rental company wanted to add used vehicles to its existing fleet.
Result: Madison Capital wrote 18 & 24 month leases for this 200k project.
We welcome the opportunity to discuss your financing needs.
Mention this newsletter when you submit a new application and we will waive the doc and UCC filing fee (up to a $299 value).
Thank you for your continued support. Refer a new customer who finances with Madison and receive a $100 gift card.
BUSINESS AND INDUSTRY NEWS
Equipment Lease Finance Industry Confidence Remains Steady …Read more
US Fleet Sales Improve in September…Read more
3D Printing is out of this world
Mars pioneers could use 3D printing to create a sustainable human colony on the Red planet. A team of scientists is developing a plan to use 3D printing to build locally imaged landscapes. Source: Yahoo news
The Google car does the driving
Much has been written about the era of connected cars, especially as excitement grows around announcements from Google, Audi, Nissan, Tesla, Mercedes Benz, and others who are planning to make commercially available self-driving cars a reality. Source: Wired
“Our attitudes control our lives. Attitudes are a secret power working twenty-four hours a day, for good or bad. It is of paramount importance that we know how to harness and control this great force.” — Tom Blandi, French author
PS: Thank you for your referrals and remember -We also offer Portfolio Management Services.