Behind the Deal: DPN landed. $280K needed urgently
A Director Penalty Notice landed. 21 days on the clock. The director needed capital to respond, fast. The business owned construction equipment on active jobs. That equipment became the answer. ABL secured it, released $280K, the director paid the debt in full, and the equipment kept working the whole time. The Asset Construction equipment fleet […]
Behind the Deal: Kenworth T610, $80K, still earning
Same idea as a home equity loan, with two differences. A transport operator needed $80K in working capital. They owned a 2019 Kenworth prime mover outright. ABL released the equity, fitted a GPS tracker, and the rig kept running its routes. The security was the truck. The truck kept earning while the loan ran. The […]