FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


United Capital Partners Secures Approval on $1MM Lease Line of Credit

August 05, 2019, 07:07 AM

United Capital Partners announced it secured $1 million approval for equipment finance line of credit for a high-growth customer.

United's customer, a merging global leader in the advanced electronic materials and films sector, looking to finance its capital expenditure, secures an initial $1 million equipment lease line. United Capital's customer, historically well-supported and funded by equity investment, was in the market to acquire equipment to support new contracts and growth.

United Capital, based in Houston, TX, was able to secure an initial $1 million lease line. The lease line is a non-dilutive debt vehicle that will support growth and allows the customer to conserve their equity funding dollars.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.