Carload Express

Project Description

Finance rail transload facility

Details

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PROJECT DESCRIPTION

Finance rail transload facility

BACKGROUND

Owner of Carload Express Inc., Russell Peterson, needed to finance his fast-growing family of railroads and related transportation companies.Carload Express was stressing cash flow in an effort to self-fund multiple growth projects.

SRF APPROACH

Strategic Rail Finance clarified Carload Express’ cash flow, attracted new lenders, reinvigorated existing bank relations, and coordinated new financing through a reengineering of debt, credit lines, and collateral assignments.

RESULTS