Startup Needs $13,000 for Equipment Financing. FICO is 640. 10% Down Payment
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Startup Needs $13,000 for Equipment Financing. FICO is 640. 10% Down Payment

    I have a client in Florida looking to finance a mobile unit for $13,000 for a startup.
    They need the financing now because it takes 6 weeks to build, and they need the unit prior to the 3rd week of July.
    10% is available as down payment, but 100% financing is always preferred.

    The purpose of the equipment is to build clientele, but they already have clients in place as well, so it's not a startup per se.
    If you can help with this very simply, & quickly, let me know.
    Direct lenders, please. Brokers only welcome if you can get this done for CERTAIN, within 5 business days.
    Invoice is already available.

  2. #2
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    that is what credit cards are for

  3. #3
    Senior Member Reputation points: 503040
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    Quote Originally Posted by brokerCompany View Post
    that is what credit cards are for
    Don’t they usually need a 680 credit score or better?

  4. #4

    Deal Placer, I don't have a license. I wouldn't poster tenure for a broker license.

    Quote Originally Posted by Fundyman View Post
    I have a client in Florida looking to finance a mobile unit for $13,000 for a startup.
    They need the financing now because it takes 6 weeks to build, and they need the unit prior to the 3rd week of July.
    10% is available as down payment, but 100% financing is always preferred.

    The purpose of the equipment is to build clientele, but they already have clients in place as well, so it's not a startup per se.
    If you can help with this very simply, & quickly, let me know.
    Direct lenders, please. Brokers only welcome if you can get this done for CERTAIN, within 5 business days.
    Invoice is already available.
    For sure, get a pre-approval within 5 days. Its a startup if they barely started the entity and don't have ANY business deposits. Low deposits with that credit score is better than a startup. Message me.

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