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 has consistently ranked among the top five DEVELON machine volume dealers in the U.S. Their comprehensive product line also features allied equipment from WARATAH Attachments, KETO Harvesting Heads, and FECON Brush Cutters, among others, positioning them as a key supplier in the heavy machinery 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
What's next for Cascade Trader?
The recent major strategic investment indicates a phase of sustained development and market expansion for Cascade Trader. This capital will likely fuel further enhancements in their DEVELON equipment sales and service operations, potentially including geographic reach or inventory expansion. As a top-tier dealer, the company is well-positioned to leverage this financing for reinforcing its market leadership and exploring new opportunities within the construction and forestry equipment sectors.
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