Loeb Helps Transportation and Fueling Company Secure Critical Working Capital Through Broker Collaboration
When a Southern California transportation and commercial fueling company needed immediate working capital to address critical operational repairs, Loeb partnered with a dedicated finance broker to structure a flexible asset-based lending solution that helped keep the business operating.
The family-owned company, which operates both a commercial fueling facility and a regional fuel transportation fleet, required fast access to capital to complete repairs necessary to maintain operations. With limited experience navigating the commercial lending process, the borrower relied heavily on its broker to help coordinate the transaction and communicate with all parties involved.
Working closely together, the broker and Loeb navigated a complex financing process, gathering information, coordinating documentation, and maintaining constant communication to keep the transaction moving forward. The collaborative approach helped overcome challenges that may have prevented the borrower from securing financing through more traditional lending channels.
Loeb's flexible underwriting approach and experience in asset-based lending allowed the company to access the working capital it needed to complete critical repairs and continue serving customers without interruption.
The transaction highlights the important role brokers play in commercial finance, particularly when working with borrowers who need additional guidance throughout the lending process. By combining the broker's advocacy with Loeb's expertise in equipment-backed financing, the team was able to deliver a solution tailored to the client's operational needs.
About Loeb
Since 1880, Loeb has been helping manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Loeb monetizes industrial assets through financing, valuations, auctions, acquisitions, and sales.
For more information, visit https://www.loebequipment.com.