Loeb Unlocks Growth for a Beef Industry Client With $1.5 Million ELOC

A beef industry client looking to grow was facing temporary cash flow challenges that were impeding movement on future projects.

While they needed immediate access to capital, traditional loan applications, with their lengthy processing times, posed a significant obstacle. Recognizing this challenge, Loeb leveraged its three-year relationship with the client and their proven track record to offer a tailored solution: an Equipment Line of Credit (ELOC). This creative approach unlocked equity within the client's existing machinery and equipment (M&E), creating a flexible credit line.

Loeb’s approach enabled the client to continue growing with a $1.5 million ELOC. They were able to access cash as needed, investing in new projects, and propelling their business forward.

About Loeb

For decades, Loeb has been helping manufacturers and financial institutions leverage their industrial assets through financing solutions, valuations, and auctions/liquidations to unlock top dollar from their existing M&E. Featuring funding in 4 weeks; no covenants; M&E value, not on credit quality; multiple financing options including term loans, equipment lines of credit, and leasebacks.

Visit us at loebequipment.com or call 800-560-LOEB.