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Case Study

Case Study: $2M in Working Capital from Equipment They Already Owned

By Michael Weinberg  ·  NTIB Finance & Consulting

← Back to Blog Manufacturing equipment used for a sale-leaseback financing

The deal at a glance: $2M sale-leaseback · manufacturing equipment · closed in approximately 3 weeks, including a full equipment appraisal.


The Challenge

A manufacturer needed a substantial injection of working capital — fast. A traditional bank process measured in months wasn't an option, and the owners didn't want to give up equity or take on a structure that didn't fit how the business runs.

What We Did

They didn't think they had options. But they owned their manufacturing equipment outright — and that equipment was worth real money just sitting on the floor. We arranged a sale-leaseback: the company sold the equipment to a lender and leased it right back. Production never stopped; nothing moved an inch off the shop floor.

The Result

$2,000,000 in working capital, closed in approximately three weeks — including a full equipment appraisal. Speed like that matters when opportunity (or payroll) won't wait.

What It Means for You

If your business owns equipment free and clear, you may be sitting on capital you can't see. A sale-leaseback unlocks it without a traditional loan and without dilution — one of several ways to turn assets you already own into growth funding. See our guide to asset-based lending for the bigger picture.


Have a deal that looks like this one? Tell me the basics and I'll tell you, straight, how I'd approach it. Call 914.419.3059, email mike@ntibfin.com, or book a free consultation. More deals on our completed projects page.