Sawgrass Finance Secures $1M Equipment-Backed Loan for Legacy North Florida Construction Company
April 27, 2026
FLORIDA -Sawgrass Finance, the Ponte Vedra asset-based lending platform, today announced it has secured a $1 million equipment-backed financing solution for a long-established construction company with deep roots in North Florida.
The family owned business has been operating for decades, building a strong reputation for quality work and long standing community relationships. When the company required capital to support new growth, a local banking partner introduced the business to Sawgrass Finance as a viable solution.
"This is a business with a strong foundation, legacy ownership, a clean asset base, and a commitment to great work in their community," said Sawgrass Finance Founder Marius Dobren. "It's a clean asset-backed transaction, and exactly the kind of borrower we exist to serve."
Structured against the company’s equipment, the $1 million loan provided the company with immediate liquidity and operational flexibility. Despite being new to borrowing, the ownership group moved quickly once introduced to Sawgrass, working collaboratively to secure funding in a matter of weeks.
For the Company, the experience was as impactful as the outcome.
"As first-time borrowers, we were initially hesitant, but Marius and the Sawgrass Finance team quickly put us at ease, stayed available throughout the process, and delivered exactly what they promised," said the company's owner. "Marius earned our trust through his responsiveness, transparency, and genuine commitment to our success. He is a reliable partner we needed."
The funding ensures the Company can continue executing its projects without disruption while maintaining the legacy built over decades of family ownership.
"Our edge is structure and speed," Dobren added. “When the fundamentals are there, we can deliver the right capital, fast."
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About Sawgrass Finance
Sawgrass Finance is a Northeast Florida asset-based lending platform that empowers business owners to leverage their company's assets to secure lines of credit, term loans, and other flexible capital solutions through our Lending Through Partnership™, without sacrificing equity ownership, customer perception, or future bankability.
Our hands-on partnership with business owners prioritizes continuous improvement and promotes long-term success.
Sawgrass proudly serves small, medium, and large businesses across Manufacturing, Wholesale/Distribution, Importers, Healthcare, Construction, Real Estate, Food & Beverage, Staffing Services, Apparel & Accessories, Logistics, Oil & Gas, Technology, and more.