Finance for purchase of machinery

Key Facts

• Client needed $60k for purchase of machinery.

Client Problem

• Client previously purchased 2 used forklifts at auction.
• Original funding option fell through.
• As the equipment was over 15 years old, other lenders would not fund the loan.

Zenith Leasing Solution

• Zenith Leasing funded a chattel mortgage to pay auction house for the two used forklifts.