Organization: Semiconductor Manufacturer

Location: Bloomington, MN

Project Scope: $10MM on Generators & Tooling Equipment 

Challenge:

A semiconductor manufacturer faced the dual challenge of financing a new tooling/production line and securing reimbursement for new generators and UPS refurbishments. The CFO needed to manage cash flow and liquidity effectively, especially given the long lead times and milestone payments required for the production line equipment.

Solution:

First American provided a comprehensive solution, structuring the lease as a Fixed Buyout to reduce monthly payments, and utilizing progress payment capabilities to manage cash flow during the installation period. First American also facilitated the reimbursement of their generator and UPS costs to preserve the company’s liquidity.

Organization: Telecommunications Company

Location: Lawrence, PA

Project Scope: $9.7MM for Software Implementation

Challenge:

A telecommunications company was looking to secure a 5-year deal with a software provider but faced the challenge of locking in their financing costs for the duration of the contract. Ensuring stable and predictable payments over the five-year period was crucial for their financial planning and operational stability. Additionally, they needed a solution that would not disrupt their cash flow or hinder their ability to invest in other growth opportunities.

Solution:

First American provided a tailored financing solution that included annual disbursements to the software provider over the five-year contract period. This approach allowed the company to lock in their approval and financing costs, resulting in even payments and helping them maintain financial stability. By offering a competitive rate and a structured financing plan, First American enabled the company to focus on their strategic initiatives without worrying about fluctuating costs.