Manufacturing
Overview
Financing existing cross-border equipment unlocked $10M in new liquidity. The supplier scaled its EV programs while keeping full ownership and control.
Contact
Tom Kessel
Principal
Number:
The Situation
The client ran a dual structure: a U.S. parent with manufacturing subsidiaries in Mexico. A significant portion of its capital sat locked in equity-funded equipment.
The Constraint
Traditional lenders would not finance equipment located in Mexico because of differing legal enforcement, cutting the company off from that asset base for new EV investment.
The Structure
We introduced a non-bank lender experienced in cross-border asset finance. The $10M facility leveraged existing in-place equipment in Mexico while staying within the company’s ABL and term loan covenants.
The Outcome
The company raised $10M in new liquidity by financing existing assets, supporting a rapid scale-up across new EV programs while preserving ownership and control.
