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04-19-2016, 05:37 PM #1
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Borrow Against Equipment
GCS, I'm afraid you are asking that question in a vacuum. There are lenders who will make loans between 60-65% of orderly sale price, also known as auction price.
However, the equipment financing usually is a package deal to include finished inventory, accounts receiv able
and other assets.
If you would like some help figuring it out feel free to contact me. If I can, I will point you in the right direction at no charge.
Bob Shaw
734.928.3800
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