Waiting to line up financing until a deal has been struck is a frequent error in business. Too many businesspeople think they manage time well by waiting to strike a deal before they spend the time to get their financial house in order. Often overlooked is the power of sitting across the negotiating table in an acquisition or purchase with your financing options already established. Strategic Rail Finance counsels our prospective clients that the same power as having cash is available when you have financing lined up.
Borrowers also lose their advantage in dealing with lenders when a transaction has been teed up and a closing date is looming. Future borrowing power is diminished when they are forced to accept terms and covenants that could have been avoided if time was on their side and the lenders were the anxious ones.
Having credit pre-arranged results in lower purchase prices and better deals. Capital can be accessed with more attractive rates, terms, and covenants that enhance, rather than restrict, the future of your business. Call us now and explore your options. Prepare for your next growth opportunity.