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04-07-2021, 01:40 PM #1
Equipment Finance - Up to $300K App Only
We've seen an influx of new ISOs reaching out to us recently seeking a funding source for equipment deals.
SLIM Capital has recently increased our 'App Only' program to $300,000 and we're always on the lookout for good ISOs.
“TIER I ” CREDIT PROGRAM GUIDELINES
• Application only up to $300K
• 675+ FICO Score
• 3+ Years Time in Business
• No Suits, Liens, Judgements/BK
• $10K Average Bank Balance
• Terms up to 72 Months
NO PAYNET SCORING
ATTRACTIVE EARLY PAYOFF OPTIONS
“TIER II" CREDIT PROGRAM GUIDELINES*
• Application only up to $150K
• 600+ FICO Score
• 2+ Years Time in Business
• No Open Liens, Judgements/BK
• Terms up to 72 Months
*Additional hard collateral considered for non-qualified applicants
We will also consider startups with 700+ credit.
OTR (OVER-THE-ROAD) TRUCKING PROGRAM GUIDELINES
Tier I
Verified Minimum of 10 trucks in fleet*
5+ Years Time in Business
$25K+ Average Bank Balance
Tier II
Verified Minimum of 1 truck in fleet*
2+ Years Time in Business**
*Fleet Size must be VERIFIED with the submission of the transaction.
VERIFIABLE SOURCES: SAFER, Insurance Certificate, U.S. DOT Registration, Copy of vehicle titles
**Does NOT include Owner/Operators
SUBMISSION REQUIREMENTS:
APP ONLY (Up to $300K)
Signed Credit Application
Equipment Invoice
3 Months Full Bank Statements
PG for anyone with more than 20% Ownership
Larger amounts available with additional financial disclosure.
Onboarding is quick and easy. Give me a call to get set up.
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05-04-2021, 12:39 PM #2
We are still considering new ISOs.
Ready to fund some equipment deals? Reach out to me to get set up.
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