Equipment
Sale Leaseback Financing
If your company owns equipment or machinery and you need working capital, our equipment sale leaseback financing program may be for you.
The banks have discontinued any type of sale leaseback program. We are actively looking at ways to help business owners thrive in this new economy.
Our equipment sale leaseback program is for companies that need CASH and want it QUICKLY.
We work with most industries and situations: start up companies, debt restructuring, turn arounds, bankruptcy or simply by using additional collateral to acquire new equipment.
Approvals are based on the asset value, not your credit. We like to have a 2:1 ratio (equipment:cash), meaning to borrow $100,000 we will need $200,000 in asset (collateral) value. We can typically finance 70% of the current verifiable auction value of your used equipment. New equipment with 30 day or newer invoice, typically higher amounts.
Call Today @ 877-389-2468
General guidelines:
- Approval amounts determined by verifiable auction values.
- Lease amounts: $30,000 to $2 Million.
- All credit is available for this program.
- We use your credit score to set the pricing.
- Tax Liens and Bankruptcy are OK with us.
What Equipment is eligible:
- Agricultural Equipment - Bulldozers - Construction Equipment
- Commercial Trucks - Commercial Trailers - Cranes - Crushers
- Excavators - Heavy Equipment - Forestry Equipment
- Logging Equipment - Manufacturing Equipment - Mining Equipment
- Production Equipment - Processing Equipment - Yellow Iron
- Equity in Developed Real Estate
- Equipment 10 years old or newer.
How we determine Equipment Value:
- We use public auction pricing to value the asset.
- Auction Values are used to set the approval amount.
- The equipment must have an active secondary auction market.
- Specialized Equipment: we DO NOT want to look at.
Documents we will need (Click to Download):
Valuation Websites we use:
*REMEMBER* - The Equipment (Asset) qualifies you for this asset based lending program.
Please have a list of the equipment you wish to use for this asset based lending program ready to fax to us @ 612-435-4811
Application - Equipment Sale Leaseback Financing Program
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