Loeb Empowers an Electrical Contracting Company with a $3 Million Term Loan

A valued client in the electrical contracting industry recently turned to Loeb for help

in refinancing their existing debt. The current owners, who bought the company two

years ago, had accumulated multiple loans that needed to be combined into a

single, manageable loan to ensure continued growth and financial stability.

Recognizing the urgency and complexity of the situation, Loeb partnered with an

accounts receivable lender specializing in construction to create a highly desirable

loan structure for their client.

Within a short time, Loeb successfully secured a $3 million loan for the client,

consolidating their existing debts and streamlining their financial management. This

strategic move not only simplified their financial operations but also positioned

them for future growth.

Both new and established clients can benefit from Loeb’s expertise and commitment

to providing tailored financial solutions. This loan allowed Loeb’s client to keep

operational momentum and focus on expanding their business.

About Loeb

For decades, Loeb has been helping manufacturers and financial institutions

leverage their industrial assets through financing solutions, valuations, and

auctions/liquidations to unlock top dollar from their existing M&E. Featuring funding

in 4 weeks; no covenants; M&E value, not on credit quality; multiple financing

options including term loans, equipment lines of credit, and leasebacks. Visit us at loebequipment.com

Previous
Previous

Mitsubishi HC Capital America Welcomes Lawrence Ridgway to Asset-based Lending Team

Next
Next

Thermo Credit, LLC Joins First Avenue Funding to Expand Financial Services Offerings