36th Street Provides $5MM to Utility Equipment Rental Company
SEP 19, 2016 - 7:56 am
36th Street Capital funded a $5 million lease financing of cranes, commercial vehicles and additional critical equipment for a national utility equipment rental company.
Mark Horan, chief growth officer at 36th Street Capital said, “This funding was accomplished in partnership with the originating lessor helping to preserve their customer relationship through the delivery of a timely funding solution. We continue to expand our lessor partnerships and are at the ready to support the industry’s funding needs for credit challenged companies.”
36th Street Capital is an alternative funding source supporting the equipment finance industry, specializing in transactions with middle-market companies.
In magazine articles and summits, such as the upcoming ELFA Operations and Technology Conference, the equipment leasing and finance industry has begun to move beyond a discussion of emerging technologies — such as blockchain and artificial intelligence (AI) — toward... read more
Innovative consumer buying experiences are driving heightened expectations for the B2B world. According to a 2019 survey of 8,000 business buyers worldwide, “84% of customers say the experience a company provides is as important as its products and services —... read more