FF&E Lease


Challenge:

To secure FF&E (Furniture Fixtures & Equipment financing for a hotel which was about 60% completed.  The developer had a tight time window as his existing 1st deed of trust construction lender refused to fund the extra monies needed for the FF&E and the FF&E & OS&E (Operating Supplies & Equipment) Purchases Orders needed to be funded.

Solution:

Assets America successfully provided a solution by arranging a $6.5 million leasing facility with excellent terms.  The lease provided the developer with 100% financing which helped with the preservation of his cash reserves.



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Commercial Financing Specialist

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