Loeb Provides $2 Million Loan to Massachusetts Forestry Company
CHICAGO, Aug. 30, 2024 -- Loeb is happy to announce the fast funding of a $2 million loan to a client in the forestry industry based in Massachusetts. The loan will enable the company to acquire two additional companies and pay off outstanding debt, ensuring continued growth and operational efficiency.
The client, who provides forestry services, faced the challenge of needing a term loan quickly. They turned to Loeb for our expertise and flexibility in providing tailored financial solutions.
Loeb demonstrated its capability by working alongside industry lending partners to secure the term loan swiftly. This approach not only addressed the client’s immediate financial needs but also provided additional resources to support their business operations.
For more information about Loeb’s financial solutions and how we can support you or your client’s business, please contact our sales team at sales@loebequipment.com.
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. Visit us at https://www.loebequipment.com