The following financial program for equipment leasing and equipment financing should interest many of you both as a vendor and one looking to purchase equipment. Following is a guide line for product requirements. Meet the following requirements and this might be the ideal product for you.
- $35,000 to $150,000—App Only
- 680 FICO Score or better
- 2 Years in business
- Company Revenues of at least $500,000
- Up to $5,000,000—with corresponding rates! Even Better in some cases.
The program really likes rolling stock, machine tools and associated equipment types. Just because your equipment isn’t listed we can probably still finance it. Contact us for a discussion.
What is the rate?……
5 to 5.5% in most cases.
Equipment Age. A general guideline is that hard assets should be 10 years or less.
Sound too good to be true? If the guidelines above are met you could very likely qualify for this program. Or your customers. Call now if you have a deal you would like to discuss: 916-983-1122. Or call and talk to your favorite representative.