Huntington Beach, CA: A company specializing in alkaline water vending machines was searching for an equipment loan to build the inventory required to meet new customer contracts.
Their water stations are designed for commercial and residential use. Their flagship commercial product is the WST-700 is a state-of-the-art water dispensing system that purifies drinking water to a very high standard and percolates it through layers of natural minerals to produce a soft, silky water in one, three and five gallon increments.
On the consumer side, the WST-100 is the first compact reverse osmosis water purifer with a built-in alkaline mineral cartridge. It percolates water through five beds of minerals to produce alkaline water in a very natural way.
Demand for their products has been increasing steadily over the past few months on both the consumer and commercial side. Huntington Coast Capital secured them an arrangement with a consumer lease company to manage the credit review, approval and management of the products sold directly to household users and an equipment loan purchase line to manage and fund their commercial business. Without the equipment loan products delivered by Huntington Coast Capital, they would have to turn away a lot of business and stall the company’s growth.
If traditional banks have declined your company’s equipment loan request, call us. Most business loans are approved through the private sector. If your search for financing has ended in a dead end, give us a call.
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