Alex Young
Equipment Financing
Putting a lien on equipment in order to obtain financing
123-456-7890
A fast funding option with affordable interest rates enabling your business to replace, upgrade, or purchase the equipment necessary to keep your venture operating smoothly. Equipment financing can also serve as a type of asset-based financing, where the equipment itself is used to back up or secure the loan.
March 14th, 1984
Simple Equipment Financing
1. How funding works
2. Rates are based on
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A lien put on currently-owned equipment in order to obtain funds for any purpose
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A lien put on equipment that you are looking to buy in order to obtain funds for its purchase
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The equipment’s age and condition
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The equipment’s marketability (how easy it would be to sell)
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Your credit
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Your ability to pay back the loan
3. Required documents
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Year to date bank statements and financials
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Past two years tax return
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Debt schedule
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Appraisals document for the equipment
4. Ask Yourself
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Do you have any valuable equipment?
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What is the age and condition of the equipment?
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Are you looking to buy any valuable equipment?
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Is the equipment semi-liquid and market ready?
5. Good to know
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Equipment financing is a fast and simple way to fund up to 100% of the value of the equipment