Driving Success in a Volatile Market
As a global leader in custom engineering and manufacturing solutions for safety-critical products, this company has consistently set the standard in the mobility industry. With 30+ facilities across nine countries and over $1.3 billion in revenue, it continues pushing boundaries
and innovating. However, despite its success, the volatile automotive market posed challenges,
leading to ongoing losses that threatened to slow its progress.
The Challenge: Navigating Growth in a Volatile Industry Landscape
To keep up with rising demand and sustain its global operations, the company needed to refresh
and expand its fleet of forklifts across multiple production locations. Balancing this critical need
while managing cash flow in an unpredictable market requires a strategic approach to financing.
The Solution: Boosting Growth with NFS’ Multi-Schedule Financing
NFS Leasing provided $687,000 in equipment financing for new material handling equipment
distributed across seven schedules. With the support of a trusted vendor partnership, the
process was streamlined, allowing the company to quickly and efficiently upgrade its fleet
without straining its finances.
The Result: Growth and Profitability on the Horizon
By choosing equipment financing over other capital-raising options, the company enhanced its
operational capacity without sacrificing liquidity. Now on a clear path to profitability, it continues
to grow and innovate, with NFS Leasing’s flexible financing solutions empowering it to focus on
driving the future of mobility forward.