
Sleeper Cab Purchase
Case Overview
Reason: Equipment Purchasing
Funding Amount: $325,000
Approval: $325,000
Industry: Transportation
Use of Funds: Equipment Purchasing
Program Type: Equipment Financing
The Story
Rio joins us once again to talk about a transportation company in Illinois that he helped secure equipment financing for. He discusses their previous equipment financing, what they needed to purchase, and how he secured them 60-month terms.
The Details
The Client
The client is a large transportation company based in Illinois.
They operate a sizeable fleet of trucks and were looking to add a new sleeper cab truck priced around $325,000.
The Situation
The client was already working with multiple equipment lenders financing other trucks.
Their higher debt-to-income ratio and multiple lender positions made it difficult to secure favorable financing terms elsewhere.
The client needed financing with better terms despite their existing debt and risk profile challenges.
The Solution
Capital Infusion leveraged deep industry knowledge and lender relationships to understand the client’s unique risk profile.
We secured equipment financing with more favorable terms than the client’s previous lenders.
The financing was structured for 60 months at a simple interest rate of 6.25% annually.
These terms were better than those offered by the client’s prior lenders, allowing them to add the truck to their fleet efficiently.