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TrueCore Capital LLC and Keystone: Strengthening Financing Flexibility Across Credit Tiers

Company Info

 TrueCore Capital LLC  

Location

Nationwide

Background

TrueCore Capital LLC is a vendor-oriented equipment finance company serving transportation, logistics, and construction customers across A, B, and C credit profiles.

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Situation

TrueCore identified an opportunity to better serve a segment of customers whose financing needs fell outside of its traditional offerings. This challenge was particularly evident in the transportation and logistics sector, where some borrowers required greater flexibility around down payments and overall financing costs.

Customers who were ready to proceed with a purchase were unable to secure financing that aligned with their financial situation. While many of these customers represented viable opportunities but limited financing flexibility prevented certain transactions from being approved and funded.

Solution

Keystone provided an additional financing option to TrueCore’s existing approach, supporting transactions across a broader range of credit profiles. These structures generally included down payment requirements in the 15% to 35% range, offering an alternative framework that aligned with their customer financial profile.

Over approximately three weeks, TrueCore worked closely with Keystone to gain familiarity with its programs and procedures and began incorporating them into its transaction flow. Over time, Keystone became a consistent financing source within segments of TrueCore’s broader range of credit profiles.

 

The Keystone Difference

What stood out most to TrueCore was Keystone’s ability to balance a disciplined underwriting approach with a collaborative process that made both vendors and customers feel their perspectives were valued. In an industry where that combination can be difficult to find, Keystone took the time to look beyond the numbers and consider the full picture behind each opportunity.

 

Results

With Keystone in place, TrueCore was able to close more transactions in the middle of the credit spectrum. Over a nine-month period, the partnership led to more than $2.5 million in funded volume and supported over 70 customers.

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