Forklift Pro, Inc. is a wholesale distributor of used forklifts and material handling equipment.
Situation:
- Our client was seeking acquisition financing to acquire Forklift Pro
Challenges:
- While our client was a successful entrepreneur, he did not have direct industry experience, plus there was limited collateral coverage to support the loan request
Successful Solution:
- Anderson LeNeave contacted numerous financial institutions and successfully arranged financing to fund the acquisition and provide ongoing working capital needs