Equipment Financing Deal - All Docs available - $21K Invoice
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  1. #1

    Equipment Financing Deal - All Docs available - $21K Invoice

    Invoice From Vendor: $20,687 - 5x10 Star Lab CNC Plasma Cutting/Router System
    Auto repair and customization company that is 3.5 years old.
    Average $18K-$20K gross monthly revenue
    Credit Score - Approximately 580
    They have up to 20% to put down.

    Some of you have better connections than I do, but they're wanting this machine, so they can stop going to a 3rd party to get access to this equipment, which then takes a big bite out of their profit. This piece of equipment will allow them to take on extra work as the 3rd party to open up another revenue stream.

    My equipment financing source turned them down due to "We would like to see a company with a bit more revenue and better cash balances for an approval."

    They are simply looking for a fair lease. I will leave the terms up to the person putting up the money. I'm happy to share any info I have on the applicant, as well as all of the documents I have on the client, which is a LOT more than the basics. If this truly sounds like something you are interested in approving or have someone who will approve it, please PM me and let's get this deal done. Thank you.

  2. #2
    Senior Member Reputation points: 17365 jfeinberg's Avatar
    Join Date
    Dec 2013
    Location
    Rochester,NH
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    166

    Email ISO@everlastingcapital.com or call 888-777-8144 x 1

    Credit is a little low, but we can take a look for you.

  3. #3
    Senior Member Reputation points: 8447
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    Tampa Florida
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    If they process at least $15,000 a month in credit cards we can look at doing a credit card split mca. We would need to pay the vendor directly though.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

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