A current and long-term client of Rockwell Financial Group agreed to an acquisition that was scheduled to close in 10 days. To complete the acquisition, the client needed to refinance a fleet of assets totaling $11.4 million. To do so, the client spoke with several of its primary financing sources, including Rockwell.
Rockwell promptly dedicated a team of experts to assess the portfolio of assets, which included 420 leases and individual transactions, and more than 1,000 pieces of equipment. Subsequently, Rockwell was able to underwrite and credit approve a refinance in 5 days. As a result, the client selected Rockwell to provide the equipment portfolio financing.