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Bad Credit Equipment
Leasing & Financing

We offer bad credit equipment leasing or bad credit equipment financing for business owners that have recently been hurt by the current economic crisis.

The banks have stopped lending, especially to business owners with bad credit, damaged credit, poor credit or recent credit challenges.

We take pride in helping business owners that are working hard to keep this country moving forward and are trying to acquire equipment. We offer 2 options with our creative equipment financing approach:


Option #1: Off Lease & Repossessed Equipment

Our bank has recently expanded the credit window to move the current inventory of equipment, trucks, and trailers.

  • Credit Scores as low as 550
  • Rates: 12-18%
  • No Down Payments Required (unless repairs needed)
  • No Recent (3 years) or Multiple BK's.
  • No Child Support, Criminal Records or Tax Liens.
  • Prices comparable to www.truckpaper.com

Off Lease & Repossessed Equipment, Trucks & Trailers

We require the following documents faxed to 612-435-4811:

  1. Signed Application (Put Stock # on Application)
  2. Copy of last 3 months bank statements
  3. Hauling Reference (Truckers)
  4. Recent Equifax Credit Report

*When you pull your own credit report your score will NOT drop.
*We will use your report - must have FICO Score.


Option #2: Additional Collateral

By pledging additional collateral that you already own, in addition to the equipment you are looking to acquire, we can typically find a way to structure a transaction. Pledging additional collateral mitigates the risk of default should you fail to make your payments.

Unencumbered equipment & assets we like:

  • Construction Equipment, Commercial Trucks & Trailers
  • Heavy Equipment, Farm Equipment, Logging Equipment
  • Manufacturing Equipment, Fabrication Equipment
  • Equipment should be 10 years old or newer & good condition
  • Stocks, Bonds or Certificates of Deposits (CD's)
  • Equity in Real Estate
  • Amounts: $30,000 to $2 Million
  • Ratio of 2:1 (collateral:cash)

Equipment - We will go up to 70% of the Verifiable Auction Value.
Real Estate - We will go up to 70% of the Appraised Value.

Why? Because if we have to sell the equipment to recover our investment, we sell it at an auction.

What we need from you:


Application - Bad Credit Equipment Leasing & Financing

Quick Application
Please note that all fields followed by an asterisk must be filled in.
Contact Name:*
Company Name:*
Phone Number:*
Email Address:*
Website:
Funding Amount $:*
State:*
Years in business:*
Equipment Description:*
Business Description & Overview of Request:*

Please enter the word that you see below.

  

Bad things happen to good people... We are here to help!

Bad Credit Equipment Leasing & Financing!

Call Today @ 877-389-2468 Home Page


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