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  1. #1
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    Apr 2014
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    New York City
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    Equipment Loan Refinancing?

    Anyone do or can recommend a company that does equipment loan consolidation / refinancing ?
    Anthony Diamond
    Underwriter

  2. #2
    Noob Reputation points: 10
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    Jan 2020
    Location
    El Dorado Hills, CA
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    We do a lot of equipment loans - lease and purchase. I'd be happy to take a look. What are the particulars? Equipment inventory? Hours of operation? Balanced owed? Insurance? Call: 916-834-9480.

  3. #3
    Member Reputation points: 817 Jplummer's Avatar
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    Oct 2014
    Location
    Indianapolis
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    That is all we do is equipment financing. We have been in business for over 60 years, work with a,b,c credits and can do private party purchases along with refinances. Typically want to see 3 years experience, credit around 650 (can do down to 600 if there is a reasonable explanation), usually will need 3 months bank statements (want to see ending balances over $10k) and last 2 years tax returns. Larger deals will require more financial documentation. We do have an app only program for credits over 675, 3 years in business, no bankruptcies in the last 7 years and have prior commercial equipment finance experience. For our app only program we will need the companies gross and net for the previous year.
    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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