When a Florida-based construction contractor needed financing to complete a time-sensitive acquisition, speed and flexibility were critical. After another lender stalled the process, Loeb stepped in to provide $3.5 million in construction equipment financing to help move the transaction forward and support the company’s continued growth.
The Challenge: Completing a Construction Business Acquisition Under Tight Deadlines
The client, a commercial and residential contractor specializing in concrete, grading, and excavation services, was pursuing a business acquisition as part of its growth strategy. However, the transaction faced delays after another lender was unable to move quickly enough to support the timeline.
At the same time, the buyer was managing multiple acquisition opportunities and needed a financing partner capable of acting decisively while navigating a complex underwriting environment.
The company required a lender that understood construction equipment assets, could work efficiently, and provide the flexibility necessary to keep the acquisition on track.
Why Loeb: Speed and Flexibility in Construction Equipment Financing
The construction company selected Loeb based on its reputation for responsive service, flexible underwriting, and experience supporting equipment-backed financing transactions across the construction industry.
By leveraging an existing appraisal and combining it with an onsite equipment review, Loeb streamlined the underwriting process and minimized unnecessary delays. The team also communicated underwriting requirements upfront, helping the client make informed decisions quickly and maintain momentum throughout the acquisition process.
The Solution: Structuring $3.5 Million in Construction Equipment Financing
Loeb worked closely with the client to structure a financing solution backed by the company’s fleet of construction equipment operating across multiple Florida locations.
The company’s diversified fleet included well-maintained equipment used for excavation, grading, site preparation, and concrete work throughout the Tampa Bay region. By understanding both the operational demands of the business and the value of the equipment assets, Loeb was able to efficiently support the transaction and keep the acquisition moving forward.
The Outcome: Equipment Financing to Support a Successful Acquisition
With a streamlined process and proactive communication, Loeb helped the client complete a time-sensitive acquisition while minimizing disruptions to the business.
More importantly, the project reinforced the value of working with a financing partner that understands the importance of speed, flexibility, and operational continuity in the construction industry.
This case demonstrates how strategic construction equipment financing can help contractors pursue growth opportunities and complete acquisitions with confidence.
