This past week Innovative Lease Services has provided capital to a Specialty Food Restaurant with the intentions of growing their business double fold. The Specialty Restaurant was presented with the opportunity to package their most popular menu item and distribute it at the retail chain level. In order to do so the Specialty Restaurant needed a custom production machine in order to mass produce. ILS provided the capital to the manufacturing company on behalf of the Restaurant, and the manufacturing company produced the custom machinery needed.
Background: The Specialty Restaurant is owned by 3 members. Two with bad credit scores and one with a good credit score. Considering the businesses financial and credit situation ILS was able to provide 85% of what the Restaurant was asking for in one week.
Currently the Restaurant is producing their food item for retail now, and may hit the stores in the next month or two.
Have a similar situation? We specialize in packaging equipment leasing. Give ILS a call, 800-438-1470.