[Sachip24]

are there lenders that will let merchant keep using equipment while using it as collateral? he has 1.2 million worth of equipment is looking for about 400k

[Revenue Consultant]

I've never had a lender lock down equipment used as collateral. Even on $1M+ lines of credit. I mean, it's almost always tied to their revenue generating ability after all. Are there new regulations that I'm not aware of? It just doesn't make sense to me.

[Sachip24]

I've never had a lender lock down equipment used as collateral. Even on $1M+ lines of credit. I mean, it's almost always tied to their revenue generating ability after all. Are there new regulations that I'm not aware of? It just doesn't make sense to me.

I know there are companies like Pledge Cap that will use equipment as collateral but they keep the equipment in their warehouse until its repaid. Merchant has forklifts and cranes but needs to use them for the business so would not be able to have them locked up throughout loan process.

[NickHubbard]

Check your PM

[@jeannette]

Our sister company CCG (Commercial Credit Group) finances equipment with cash out, if there is enough equity and the value is there the equipment can be used. http://www.commercialcreditgroup.com/ If this is the type of equipment you are referencing, let me know and I will connect you to the proper person.

[ryan $]

are there lenders that will let merchant keep using equipment while using it as collateral? he has 1.2 million worth of equipment is looking for about 400k

Leaseback

[ryan $]

I've never had a lender lock down equipment used as collateral. Even on $1M+ lines of credit. I mean, it's almost always tied to their revenue generating ability after all. Are there new regulations that I'm not aware of? It just doesn't make sense to me.

Lease.....BACKKKK

[RichardGerard]

I've never had a lender lock down equipment used as collateral. Even on $1M+ lines of credit. I mean, it's almost always tied to their revenue generating ability after all. Are there new regulations that I'm not aware of? It just doesn't make sense to me.

Leveraging items on the balance sheet happens all the time. Depending on the M and E, & guarantor, a term note can be arranged (low cost of capital). There are several other groups that provide liquidity with 'leaseback' products- with a cost of capital routinely in the high teens or higher..

[Jplummer]

We specialize in that type of transaction