Equipment financing
Equipment leasing and finance
1 (800) 317-4933
Equipment financing. Our equipment finance and leasing facilities offer a number of options, including:
- Capital Lease
- Finance Lease
- Net Lease
- Open-End Lease
- Operating Lease
- Sale Lease Back
- True Lease
BASIC TERMS | INVENTORY REVOLVER
- $500,000 to $25 million (Higher case by case)
- Advance rates of up to 75% of forced liquidation value
- One borrowing base with receivables facility
- Typically 24-month term with a balloon
- 3 to 10 years amortization
- New and used equipment, but generally loans are against used equipment
- Easy application to funding process
BASIC TERMS
- $500,000 (Minimum)
- Minimum two (2) years in business
- Last two years of financials and interim
- Debt coverage ratio: 1.30x
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