Mazuma Capital completes $15M ethanol plant financing
South Jordan, Utah — Mazuma Capital has completed a $15MM lease financing transaction for an international energy company. The project enables Mazuma’s client to increase production at one of their central U.S. locations to meet the growing energy demands of the present market. The financing was secured by a bio-ethanol plant, associated real estate, and related production equipment.
"The transaction posed extremely unique challenges since the customer was placing an idle plant back into operation," said Matt Burrows, Sr. Vice President at Mazuma Capital. "Getting this facility producing again is critical to helping our client capitalize on current market opportunities, and I’m pleased we can deliver the capital they need."
The complexity of the transaction, combined with the company’s international presence, made this a satisfying transaction to complete. "Our documentation team was able to demonstrate tremendous flexibility and a high-level of expertise throughout the underwriting and funding process," said Kristina Allen, Vice President of Operations at Mazuma Capital.
Scott Finlinson, Mazuma’s General Counsel, enjoyed working with the client. "We were very happy with the cooperation and responsiveness of our customer and their legal team, especially considering that they are a large multi-national firm. I look forward to working with them again."
About Mazuma Capital Corp – Mazuma Capital is an Equipment Leasing & Financing company providing capital and funding options to companies throughout the United States. Mazuma’s experienced leadership focuses on matching their client’s financing needs with terms that help businesses fuel growth and achieve goals.