Sertant Capital Completes $9.2MM Equipment Lease For Fortune 500 Company
APR 3, 2017 - 7:48 am
Sertant Capital completed a 24-month operating lease for a $12 billion revenues Fortune 500 company in the amount of $9.182 million, consisting of renewal energy equipment.
Sertant structured the transaction to meet the lessee’s accounting requirements and enabled the originator to overcome difficult documentation and collateral challenges to successfully finalize an off-market transaction for one of its repeat customers.
Sertant Capital is a full service equipment lease company investing in domestic and international lease transactions originated exclusively from third-party sources.
Nearly two years ago, the COVID-19 pandemic forced the equipment leasing industry to continue to provide essential finance solutions to business owners while following necessary safety protocols to protect the health of employees, partners and customers. Those protocols involved limiting... read more
It is a basic human instinct to take care of others when something bad happens. While taking action when we see a stranger drop a dollar bill or leave their cell phone behind is easy enough, we often freeze when... read more