FORT Capital Resources, an independent leasing and structured finance company, announced it has partnered with Instor Solutions to offer an equipment financing program to enable their clients to grow their data center footprint while effectively managing cash flow.
The FORT said Instor’s equipment finance program is designed to service a variety of clients in the data center space, including: wholesale and retail colocation providers, enterprise data center owner/operators, and rapidly scaling hosting/managed/cloud services companies.
The FORT will be implementing and managing the program while working in parallel with Instor to service their client base. The new endeavor will provide financing to Instor’s customers for essential use, mission critical assets with the ability to include soft costs, such as installation and shipping. In order to service investment grade institutions as well as start-ups, financing amounts range from $20,000 to $50MM+ with interest rates from two percent to the mid-teens, and term lengths between twenty-four and eighty-four months.
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