800 982-5868
Ext. 104
Westover Rental Equipment Finance
"HELPING RENTAL BUSINESSES INCREASE THEIR FINANCIAL LEVERAGE"
Rental Equipment Financing Solutions!
Westover Rental Equipment Finance
© Copyright - 2007
Westover Financial, Inc.
All Rights Reserved
A California based construction
equipment rental company started a
new company that manufactured
and sold sand bags.  The new
company had different ownership
than the established company.
The new company wanted to
finance a 10-year old truck for
$50,000.   Some of the new
shareholders had poor credit.  
Westover financed 100% of the cost
of the truck over a 60-month term
by getting the existing construction
company to offer their guarantee.
OBSTACLE
SOLUTION
CHALLENGE
Southwestern US based
construction equipment vendor who
focused on selling new and used
construction equipment; with some
equipment rented out to select
customers.
The vendor approached Westover
about financing used construction
equipment so they could expand
their rental inventory.  They had no
specific customer identified for the
equipment.
Westover financed $130,000 for the
vendor. This equipment was kept at
their yard location and became part
of their rental fleet.
A national electronic testing
equipment vendor whose market
niche was selling used, rather than
new equipment.
They approached Westover about
buying used testing equipment
inventory from a private party seller
for their rental inventory.
Westover funded $250,000 to the
private party.
A closely held recycling company
wanted to finance 14-40 cubic yard
trash containers.
The containers would be located
off-site at 14 different locations, not
owned or controlled by the
recycling company.
Westover secured a 60 month
approval with no personal
guarantees and no additional
collateral.
A Mid-western Medical Equipment
Rental Company that provides
turnkey setup of refractive excimer
laser centers and mobile laser
operations.
The company was owned by two
individuals who are not licensed to
use the laser. In addition, the laser  
equipment was mobile and to be
moved to different MD’s in two
different states on a daily basis.
Westover financed a $350,000 laser
with personal guarantees from the
two owners.
Tired of paying high flooring fees?
Consider permanent 3-5 year financing for your rental inventory.
800 982-5868 Ext.104