Salcido Enterprises, LLC

Salcido Enterprises, LLC

“NFS took the time to assess us specifically; our company structure and our management structure,” said Malachi Salcido, Founder and CEO of Salcido Enterprises. By taking the time to listen to the Salcido story, NFS was able to structure a deal that uniquely fit Salcido Enterprises requirements. Malachi added, “NFS was willing to sign lease deals that were fair, while it felt like other leasing companies would take advantage of us at every opportunity.”

Salcido Enterprises, LLC

SUMMARY

Acheiving great economies of scale can be a key driver of growing profitably. This is especially true for high-tech companies. Below is a story on how a company was able to exceed traditional expectations and reach new levels of growth and profitability within its industry.

  • Building one data center facility is good, building out two data centers is GREAT. However, financing two can mean a significant investment
  • Obtaining a fair funding solution was a key milestone, allowing the company to build out two facilities and help create the opportunity to grow rapidly and increase profitability by 4X
  • THE CLIENT

    Salcido Enterprises is a builder and manager of high technology data center space. They design, develop, and build-out data space for servers and manage all operations once the build-out is complete.

    The combination of expertise in large-scale high-tech site development, mechanical and electrical engineering and manufacturing, facilities management, and cryptocurrency has contributed to the rapid growth of Salcido’s data center presence in Central Washington.

    THE CHALLENGE

    Salcido has two large capital requirements: building a sufficient data center facility and acquiring the required servers. This means significant upfront cost to secure capital for both the facilities and the servers that fill them.

    As with all technologies, economies of scale are extremely important, which makes building out one facility at a time much less efficient and more tedious, resulting in slow, incremental growth. This is why Salcido implemented multiple projects simultaneously.


    THE SOLUTION

    Salcido knew it had to find a way to fund its equipment to fuel the necessary growth to make its mark in the industry. Salcido looked to leasing companies to try to work together for financing that would allow it the opportunity to build-out multiple data centers at once.

    Salcido engaged NFS Leasing through a broker and by taking the time to listen to the Salcido story, NFS Leasing was able to structure a deal that uniquely fit Salcido Enterprises requirements. “NFS took the time to assess us specifically; our company structure and our management structure. They were willing to sign lease deals that were fair, while it felt like other leasing companies would take advantage of us at every opportunity.” said Malachi Salcido, Founder and CEO of Salcido Enterprises.

    EXECUTION

    Salcido Enterprises and NFS Leasing were able to work together in a streamlined fashion and on terms that were reasonable to both parties. “It seemed as if NFS wanted to get the deal done. There were no onerous processes, no particularly crafted steps and procedures to follow, which made NFS easy to work with,” said Malachi. Salcido Enterprises was able to implement its projects and build-out its data centers with ease, leading to impressive results for its growth opportunity.

    An equipment lease would allow Salcido to build-out multiple data centers at once, with much less overhead cost and in half the time it would have taken without having secured the necessary capital. In turn, this helped propel Salcido to a position where it has the ability to utilize its capital for other purposes.

    RESULTS

    During the ensuing ten months following the deal, Salcido Enterprises was able to quadruple its revenue stream. With the economies of scale being critical for a high-tech company, Salcido Enterprises continued to operate with the same number of employees as it had before due to its effective and efficient business model, all while it increased its profitability by 4x the amount.

    This allowed for extreme growth of the business. Needless to say, being able to secure a fair equipment lease with NFS had a profound impact on Salcido Enterprises productivity, profitability, and outlook on future growth.



    • Daniel Bunn, Owner
      "NFS was very flexible when working through the terms. They let us know what they were willing to do for us, how it needed to be done, and why it needed to get done. Having structured multiple deals with them, it's safe to say I appreciate their partnership."
      Daniel Bunn, Owner
      Mega Highwall Mining
    • Todd Tackett
      "I had a great conversation with NFS on what we wanted to do with the equipment and what we were seeking in a lease agreement, and thankfully, NFS helped us find a solution. While I have been in the mining industry for 24 years, I had never done a deal this large. Engaging with NFS was hassle-free and we were happy that we found a solid partner to fund such a large and important deal."
      Todd Tackett
      Construction and Reclamation Services
    • Kevin Richardson, CEO
      "They clearly laid out the deal and terms. They were direct and honest with what they were and were not able to do. No nonsense, no trickery. That allowed us to build a relationship based on trust and the process was simple and fluid because of it. What would have taken ten to fifteen years will now take four years thanks to NFS Leasing. This is allowing us the opportunity to save limbs and lives now. NFS Leasing was and is still genuinely interested in Sanuwave and working towards its continued success. Money is a commodity and can be found almost anywhere but finding a partner who cares about the company means a lot to us."
      Kevin Richardson, CEO
      Sanuwave
    • Matthew Hoar, CFO
      "Working through the initial challenges with NFS was excellent. The level of responsiveness was fantastic, and they have an extremely high level of service. NFS followed a simple process. The communication was fast and realistic. Overall, I would give NFS an A+."
      Matthew Hoar, CFO
      Flow Water
    • Malachi Salcido
      "NFS was willing to sign lease deals that were fair, while it felt like other leasing companies would take advantage of us at every opportunity. It seemed as if NFS wanted to get the deal done. There were no onerous processes, no particularly crafted steps and procedures to follow, which made NFS easy to work with."
      Malachi Salcido
      Salcido Enterprises
    • Monty Galland, CEO
      "NFS was patient when we engaged with them and I really appreciated that. We had a unique situation being a waterpark and having a lot of moving parts from the manufacturer. Finding a financial partner that had the ability to be flexible in the terms and the patience to deal with inconsistent communication from the manufacturer was incredibly helpful for us."
      Monty Galland, CEO
      BRTX
    • Frank Bou
      "The communication with NFS Leasing was great. They were very easy to reach, hassle-free, and extremely knowledgeable. They were simple and straightforward; very honest and upfront with what could be accomplished. We were successfully able to write our project plan based on NFS's commitment and that helped start off the project on the right foot."
      Frank Bou
      Trident Trucking
    • Rob Grenley,  Director, Corporate Finance
      "POP Gourmet was experiencing rapid growth and demand. As a young company we needed an equipment finance partner that would get to know us as a company and grow with us. NFS Leasing stepped in and took the time to get to know our Company and partner with us to acquire the production equipment we needed. NFS provided flexibility, responsiveness, and value. We highly recommend NFS."
      Rob Grenley, Director, Corporate Finance
      POP Gourmet, LLC
    • Jon Radoff, CEO
      "Having worked with NFS Leasing at a prior firm, when we started Disruptor Beam I did not hesitate to call on them again. Dean and the team at NFS Leasing really get it. They listen and understand our story and our needs, and they have numerous vendor relationships that help provide a superior level of service. When we grow they are always willing to grow with us. I recommend them highly."
      Jon Radoff, CEO
      Disruptor Beam
    • Gary Kendall, CEO
      "Limestone Networks has been working with the team at NFS Leasing for several years. They took the time to understand our company, the needs of our business, and our growth strategy. They are fast, responsive, and thorough. NFS has become not only a supportive vendor, but an integral part of our success."
      Gary Kendall, CEO
      Limestone Networks
    • Brian Hierholzer, President
      "From the beginning, NFS Leasing has been an invaluable asset in helping us serve our customers. Their team of experienced executives has enabled our channel oriented business model, and they are an outstanding partner, offering flexible and creative solutions to our financing needs. It has been a pleasure working with NFS and we look forward to their assistance in providing our future finance needs."
      Brian Hierholzer, President
      Artisan Infrastructure
    • Sam Naficy, President and CEO
      "In the early stages of our growth at DTT our business model required that we explore leasing as a way to finance our growth. NFS Leasing stepped up and partnered with us. They took the time to really understand our business and gave us the financial flexibility to add customers without concern for financing the required equipment to do so. They were honest and responsive and I would highly recommend them as an equipment leasing source."
      Sam Naficy, President and CEO
      DTT Surveillance
    • Ilya Beyer, CTO
      "A rapidly growing technology business like nScaled has constant equipment needs. Leasing was a perfect way to get the equipment we needed, when we needed it, and allow us to continue to focus resources on our operation. NFS made leasing easy for us, and has grown with us as we have expanded as a company. If you want to speak with someone that can help you with your infrastructure expansion business needs, you should call the team at NFS Leasing."
      Ilya Beyer, CTO
      nScaled
    • Cy Smith, Founder & CEO
      "AirSage pioneered the transformation of wireless network signaling data into powerful location information, creating a way to collect and analyze real-time mobile signals to produce over 15 billion anonymous locations every day. As a growing technology firm with state-of-the-art data and technology requirements, having updated equipment is essential to the growth of our business. That's why we rely on, and wholeheartedly recommend, NFS to take care of any equipment finance needs."
      Cy Smith, Founder & CEO
      AirSage
    • Rick Forry, Finance Manager
      "NFS has enabled Everyone Counts to keep up with emerging technology and provide the tools needed to bring modern election administration and voting systems to election officials. Their flexibility and knowledge of the technology industry sets them apart from the other leasing providers. They are responsive, easy to work with, and consummate professionals, I recommend them highly!"
      Rick Forry, Finance Manager
      Everyone Counts
    • Bob Brick, CEO
      "Agile Networks turned to NFS Leasing to finance a major network expansion resulting in the first and only statewide 1 Gigabit backhaul network providing services in all 88 Ohio counties. NFS was especially easy to work with, exceptionally efficient, and thorough in their approach. Their contributions were critical for us to complete our expansion in record time for our customer, a major mobile carrier. I highly recommend NFS as a trusted partner and look forward to working with them as we continue our growth."
      Bob Brick, CEO
      Agile Networks