$70,000 Working Capital

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A company having issues with the IRS needed working capital to pay of an IRS tax lien….. This transaction allowed the company to pay off the tax lien and have additional working capital for payroll and other expenses. The collateral used was a Bobcat S220, a Mack Dump Truck, a Cat 420D, a CAT 953C and a couple of commercial service trucks structured in a sale-leaseback.