New collaboration designed to help rapidly scaling providers in the data center, cloud, and colocation spaces accomplish the business objectives around their data center build plans
SANTA CRUZ,Calif. & FREMONT, Calif.–(BUSINESS WIRE)–FORT Capital Resources, LLC (The FORT), an independent leasing and structured finance company servicing public and private organizations in capital asset intensive industries, today announced that it has partnered with Instor Solutions (Instor) to offer an Equipment Financing Program to enable their clients to grow their data center footprint while effectively managing cash flow.
“The FORT is excited to partner with a leading expert in data center infrastructure solutions like Instor”
Powered by The FORT, Instor’s Equipment Finance Program is designed to service a variety of clients in the data center space, including: wholesale and retail colocation providers, enterprise data center owner/operators, and rapidly scaling hosting/managed/Cloud Services companies. By helping clients manage cash flow connected to the design, build, and operations of the data center, equipment financing provides numerous benefits:
- Supporting rapid scale
- Helping owner/operators obtain optimal infrastructure configuration
- Compressing build time and time to market
- Reducing risk
- Maintaining Liquidity
- Lowering cost of capital
The FORT, an established equipment finance company with a focus in the data center space, will be implementing and managing the program while working in parallel with Instor to service their client base. The new endeavor will provide financing to Instor’s customers for essential use, mission critical assets with the ability to include soft costs, such as installation and shipping. In order to service investment grade institutions as well as start-ups, financing amounts range from $20,000 to $50MM+ with interest rates from two percent to the mid-teens, and term lengths between twenty-four and eighty-four months.
“The FORT is excited to partner with a leading expert in data center infrastructure solutions like Instor,” said Brian Fleming, Managing Member, The FORT. “Instor’s reputation is highly regarded in the data center marketplace and this collaboration is a natural fit for both entities. Our expertise in equipment financing is well applied in this partnership, and we’re looking forward to supporting Instor’s clients by providing a more seamless growth of their data center footprints.”
“This partnership will provide long-term benefits for owners and operators that are seeking rapid growth within their data centers,” said Jack Vonich, Vice President of Sales, Instor. “By financing equipment that is directly tied to driving revenue, our clients will achieve a faster path to profitability while responsibly supporting capital expansion. The FORT’s expertise in leasing and structured financing is a wonderful complement to our current business model, and in the end data center owner/operators are the real winners in this partnership.”
About FORT Capital Resources, LLC
For nearly a decade, The FORT has supported their clients with financing solutions focused on a select set of asset categories: Core IT and Data Center, Medical, Office Environment, Semiconductor, Biotechnology, Energy Efficiency, and Agriculture. With the ability to service transactions ranging from $20,000 to $50+ Million for a broad set of credit types, The FORT is well equipped to bring value to companies with a heavy reliance on the acquisition of capital assets at every stage of their development. Based in Silicon Valley, The FORT primarily serves U.S. based companies but also has the capacity to conduct global financial transactions in more than twenty countries worldwide.
For additional details, please visit www.fortcapitalresources.com
About Instor Solutions
For more than 30 years, Instor Solutions has been a leading expert in data center infrastructure solutions. Partnering with manufacturers who produce some of the most innovative products for the data center, including: intelligent power distribution and monitoring, environmental monitoring, asset management, KVM, and custom server enclosures, Instor provides a wide variety of products and services used to support IT in both large and small enterprises. Instor’s specialized “data center fit up” process can reduce build time and costs by over 30% versus traditional build models.
Additional information can be found at http://www.instor.com
