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$2.5M Fleet Financing Success in Seattle
Maritime LogisticsEquipment Financing

$2.5M Fleet Financing Success in Seattle

From Puget Sound to Pacific trade routes — Equity Ridge helped a growing logistics firm scale their fleet and warehouse capacity.

$2.5M

Financing Secured

12 trucks

Fleet Expansion

$9.4M

Revenue Increase

21 days

Time to Fund

The Challenge

A Seattle-based maritime logistics company had secured contracts with Asian importers through the Port of Seattle but lacked the fleet vehicles, container handling equipment, and warehouse space to fulfill them. Their existing 8-truck fleet and single warehouse were at capacity, and they were at risk of losing the contracts to larger competitors.

The Solution

Equity Ridge identified a lender with deep experience in Pacific Northwest logistics and maritime trade. We structured a $2.5M equipment and real estate loan covering 12 new heavy-duty trucks, container handling equipment, and a second warehouse lease in the Harbor Island industrial area. The lender accepted the signed import contracts and established trade relationships as evidence of future revenue.

The Results

  • Secured $2.5M financing in 21 days
  • Purchased 12 heavy-duty trucks and container handlers
  • Leased second warehouse in Harbor Island industrial area
  • Fulfilled all Asian import contracts on schedule
  • Increased annual revenue by $9.4M within 18 months
“The Port of Seattle doesn't wait for anyone. We had contracts signed and no way to fulfill them. Equity Ridge found a lender who understands maritime logistics and got us moving in three weeks.”

Logistics Director

Seattle Business Owner

Equity Ridge Advisor

Maritime Finance Advisor

Seattle Market Specialist

FAQ

Common Questions About Seattle Equipment Financing

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