BASIC GUIDELINES FOR EQUIPMENT EQUITY LENDING AND LEASE SALE-BACKS

1. Loan amount for Equipment Acquisitions is equal to collateral equipments value. If Collateral equipment valued at 40K, then loan amount for buying new equipment would be 40K.
2. Loan amount for Operating Capital (cash) is 25% of collateral equipments value. If Collateral equipment valued at 100K, then operating capital can be up to 25K.
3. Most equipment older that 10 years is not acceptable as collateral.
4. Many types of heavy equipment can be used as collateral. (Commercial transportation Trucks & Trailers, Construction Equipment, Drilling, and Forestry Equipment)
5. Real Estate Equity, stocks, bonds, and CD’s can also be used as collateral to secure financing. 
6. Loan amounts go up to 2 Million.
7. Approvals within 4 hours with EZ to fill out equipment list. Go to à (http://www.equipmentcredit.com/phpform/use/list/form1.html)
8. Fast funding, average deal funds in 5 days!
9. Application only! No bank statements, no tax returns, and no personal finance statements needed! Go to à (http://www.equipmentcredit.com/phpform/use/app/form1.html)
10. Low up front fees, lessees only pay a document fee and 1st month in advance.
11. Great for clients that would rather use collateral equipment instead of putting down 20%-30% down as a down payment. Keeps cash in hands!
12. Security Deposits are not necessary but can be used if client is short on collateral.
13. Flexible payment options. Seasonal payments available.
14. All payments are 100% tax deductible! Write off your payments for a big end of the year tax savings!
15. No balloon payment at the end of terms. No 10%, 20% or fair market value to pay off at the end of payment terms!
16. Because approval is based on Equipment value and not on clients credit scores this is not the type of financing used for getting the best rates.
17. Better Credit = Better Rates.
18. Because approval is based on Equipment value clients with good credit can add additional financing options when current credit lines are maxed out.
19. Because approval is based on Equipment value and not on clients credit scores this is great for bad credit and bankruptcy clients.
20. Because approval is based on Equipment value and not on clients credit scores this type of financing can be used by any one or business as last chance finance.
21. Minimum funding amount is $20,000.