We arrange funding for an American-made asset from an Irish supplier…
A customer purchased an American-made Mudslayer mud management machine from a supplier in the Republic of Ireland.
Due to the uniqueness of the equipment, we had to go back and forth with the funder, the Irish supplier and the American manufacturer to obtain information like:
- Leg measurements of the machine
- When it was manufactured
- How many hours it had worked
- Is there a second hand market for this type of machine?
We obtained all the relevant information and informed the funder that the equipment was purchased brand new in 2013 by the Irish supplier direct from Mudslayer in America, and had only worked 150 hours since then.
We then carried out a very muddy asset inspection and got the deal paid out.
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