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07-26-2019, 02:03 PM #1
- Join Date
- Mar 2019
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- 95
Equipment Finance Companies
Today I've received 5 requests for equipment financing, nothing crazy, 8-20k deals, are there any funders here who offer this?
I've emailed Everlast, but it would be good to know some other options, I'd like to get them rolling on Monday if possible.
Thank you
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07-26-2019, 02:05 PM #2
For deals this size I would suggest Time Payment
Jim Plummer
Quality Leasing Co., Inc.
A Tom Wood Automotive Company
Office: 317-253-4415
Direct: 317-845-8768
Fax: 317-688-6420
Cell: 317-512-9618
www.qualityleasingco.com
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07-26-2019, 02:10 PM #3
- Join Date
- Mar 2019
- Posts
- 95
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07-26-2019, 03:04 PM #4
Send email to ISO@everlastingcapital.com. 50% of our business is equipment finance!
Also check out www.equipmentbrokerschool.com
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07-26-2019, 03:20 PM #5
- Join Date
- Mar 2019
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- 95
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07-26-2019, 05:14 PM #6
Typically we will look at equipment from $30,000.00 to $3,000,000.00. We have a few restrictions no planes or boats, livery equipment and emergency equipment. Credit scores typically need to be around 650 or higher. We will consider down to 600 if they have a reasonable explanation. The customer needs to have 3 years industry experience and a minimum ending bank balance of $10,000.00 month over month for 3 months (sometimes we will make exceptions to this rule but rarely). If the deal is under $150,000 we would typically require an application, 3 months bank statements, last 2 years tax returns and the equipment with specs.
Jim Plummer
Quality Leasing Co., Inc.
A Tom Wood Automotive Company
Office: 317-253-4415
Direct: 317-845-8768
Fax: 317-688-6420
Cell: 317-512-9618
www.qualityleasingco.com
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