| A New Financial Printer Meets A Tight Deadline With Quick Tiger Financing |
We were asked to be the leasing company to finance over $75,000 of printing equipment for a financial printer in business for only six months. The equipment needed to be delivered and installed within one week to meet a client deadline.
We looked closely at the new company's business plan and the depth of its management. The owners had over 25 years of experience in this line of work. They had contracts in place and jobs lined up. They were concerned that, as a new business, they did not have any historical financial data. What Tiger saw was that they had great prospects and customers who knew the quality of their work.
Tiger approved their request within 24 hours. The customer made a small down payment on the printing equipment and Tiger financed the balance through its leasing service. A purchase order was immediately issued to the vendor and the equipment was delivered and installed. Our customer met their deadline and provided a wonderful finished product to their client.