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Deal of the week!!


Deal of the week!!



This week`s featured deal was a client who needed financing for factory manufacturing equipment. Our client had applied for financing in the past only to receive declines because of a low beacon score and poor credit history. The equipment financing allowed our client to purchase the equipment they needed to full fill a new contract they had been awarded by a large client in the industry that they serve. Our client was very happy that we were able to assist them with this transaction and ultimately the growth of their business.

Credit Score: 550

Equipment funded: Industrial sewing machines

Equipment Value: $18,500

Additional Collateral: None required

Deposit/Upfront: $3500

Homeowner: Yes

Newfound Capital Corp is a proud member of the Canadian Finance and Leasing Association (CFLA)


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