Sertant Capital Completes $3MM in Financing for Scaffold Rental Company
JUL 13, 2021 - 6:52 am
Sertant Capital completed $3 million in financing in early July for a privately-owned and regional scaffold rental company. The rental company will use the proceeds, which were secured by the company’s equipment pool, to expand its purchasing capacity as it acquires additional new contracts.
Sertant Capital deployed its institutional funding capabilities to access the required capital. Sertant Capital met requirements outlined by the client and offered terms and structures to address the company’s cash flow circumstances. The transaction took several months to complete.
Sertant Capital is an independent commercial finance company based in Newport Beach, CA, that delivers equipment financing solutions to companies throughout the United States.
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