$2000 to $200,000
Absolutely, no interruption in the use of equipment.
NO conditions set on how the money is used.
NO application fees.
Average bottom line cost, after principal and write-off,
To use $10,000 for 5 years is approximately
In business, $10,000 invested can multiply itself many times over
and the $13.51 a month becomes insignificant,
compared to the consequences of noncompliance.
Types of acceptable equipment:
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Computer Hardware & Software, Copiers, Printers, Printing Presses, Office Automation Equipment, Automotive Repair Equipment, Machinery, Compresses, Pumps, Hoists, Lifts, Engine Analyzers, Medical Equipment and Furnishings, Surgical, Dental, Optometry, Veterinarian, Chiropractic, Therapy, etc. Fabrication Equipment, Metal Breaks, Lathes, Milling Machines, Plastic Molding, Presses, Conveyor Systems, Restaurant or Food Service Equipment & Furnishings, Refrigeration, Ovens, Ranges, Fryers, Display Cases, Gas Station Equipment, Signs.
Equipment 5 years old or less will be considered at 100% loan to value,
over 5 years old 80% loan to value.