What is Cascade Trader?
Established in 1991 by Rich Lennox, Cascade Trader, Inc. specializes in the sales of used logging and construction equipment. The company has significantly expanded its offerings to include parts, sales, and service for DEVELON Construction and Forestry Equipment, covering Western Washington and Western Oregon. For the past three years, Cascade Trader has consistently ranked among the top five DEVELON machine volume dealers in the U.S. Their product lines also feature allied equipment from WARATAH Attachments, KETO Harvesting Heads, and FECON Brush Cutters, among others, positioning them as a comprehensive supplier in the construction and forestry equipment market.
How much funding has Cascade Trader raised?
Cascade Trader has raised a total of $909K across 2 funding rounds:
Debt
$350K
Debt
$559K
Debt (2020): $350K with participation from PPP
Debt (2021): $559K led by PPP
Key Investors in Cascade Trader
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Cascade Trader?
The recent major strategic investment signals a pivotal moment for Cascade Trader, likely enabling further expansion of its DEVELON dealership territories or enhancing its service and parts operations. This capital infusion is expected to bolster its competitive edge against other top dealers and support its ongoing commitment to providing specialized equipment and support to the construction and forestry industries. The company's sustained performance as a top dealer suggests a strong foundation for leveraging this new financing to drive future growth and market penetration.
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