Case Studies

Case Studies

Slot Route Purchase

A three year old Oklahoma based slot machine servicing company came to Red River West to finance the purchase an existing slot route from an established slot machine manufacturing company. The young company needed a financing package that its infrastructure and fledgling cash flow would have difficulty supporting. RRW provided a package that allowed the company to purchase the slot route in stages which allowed it to build up its infrastructure and cash flow to meet the new demands. RRW also worked with the company to develop its management systems and people.

Purchase Agreement Financing

An established slot manufacturer wanted to accelerate its revenue recognition and beef up its cash flow by selling some of its purchase agreements. RRW was able to negotiate a reasonable discount for the purchase agreements and buy the agreements on a non recourse basis from the manufacturer, allowing the manufacturer to recognize all of the revenue in the current accounting period and provide additional cash flow for their expanding business.

Gaming Machine Financing

A state decided to implement a new central system for its Video Lottery Terminal network and replace their aging fleet of Video Lottery Terminals. RRW was able to put together a competitive financing package that allowed operators to purchase the new equipment over time with a simple one page application. RRW also allowed the operators to include the cost of the new site server, signs and stands in the financing.

Casino Acquisition

A group came to RRW looking to finance the acquisition of a casino. The property had recently undergone a mild renovation but was in need of much more. RRW was able to offer the buyers a financing package which leveraged the buildings, adjacent land, and cash flow to provide for acquisition funds as well as much needed working capital.