Does anyone know of a company that will loan funds on a piece of heavy equipment that we will purchase and own free and clear. The problem is that we are a start-up and most financial companies will not finance unless we have been in business for two or more years. Creative finacing ideas will be considered.
My main goal is to purchase the machine at a low price (actually a steal) and finance it using the appraised value to provide working capital. Equipment will appraise for about 3 times what I will pay for it. Seller will provide appraisal documentation. Personal credit not strong enough for financing.

Company is an LLC.

Sart shooting me those ideas of how I can pull this off.

Mike

Mike

Hi Mike,

You might want to check out http://www.investorinspector.com/new_products.php?id=143 for funding. They have deep pockets and are good at what they do, for a reasonable price...FYI. They should be able to give you what you want..collateralizing your equipment.

Take care,
Elizabeth Henderson, MBA
EHenderson@FinancialVisions.net

HI.

I may be able to help you. I am a small business lender specializing in b,c, and d credits. I have many programs for yellow iron and other types of heavy equipment. In order to determine if I have a program for you, I'll need a few more details. Type of equipment, purchase price, how much you wish to borrow, type of business, how many principals, will all sign note?

Check out my website, www.Cavaliercs.com

Hope to hear from you soon.

Donna