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  1. #1
    Member Reputation points: 723 CHAMP3's Avatar
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    Bank products

    Premier Business Lending has added to our product offering. We now have a true line of credit for business owners. In addition we are helping business with the next round of PPP loans which will be coming very soon. As always we offer equipment financing for new and used equipment with bank rates.

  2. #2
    Senior Member Reputation points: 81655
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    What is "Bank Rates" for new & used equipment?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    Senior Member Reputation points: 7232 NationalCorporateData's Avatar
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    Beacon, NY
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    Quote Originally Posted by Yankeeman07 View Post
    What is "Bank Rates" for new & used equipment?
    Highly qualified clients tend to see 5-8% if the ISO is doing a low markup.

    OnDeck was offering equipment financing pre-covid at competitive rates but that branch is currently shutdown. BlueBridge Financial and Targeted Lease Capital are a solid companies for cleaner equipment requests, but are still going to be in the teens for cost of capital.

  4. #4
    Senior Member Reputation points: 81655
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    The point of my post is that since many credit lines were pulled several
    months go, any Lease Factor is not going to to score a low rate.

    I get a chuckle from some of the questions that are posted on a Merchant Cash Forum - if a merchant could go to a bank, he/she would not be speaking
    to a MCA Broker / Funder.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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