Lending against CNC Machines
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  1. #1

    Lending against CNC Machines

    Have a client with 2MM appraised CNC machines and wants to borrow using the machinery as collateral.

    Who does this sort of thing?

  2. #2
    Member Reputation points: 817 Jplummer's Avatar
    Join Date
    Oct 2014
    Location
    Indianapolis
    Posts
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    If the customer has decent credit, cash flow, reserves and is willing to have an appraisal done we might be able to help out. Just give me a call.
    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

  3. #3
    Senior Member Reputation points: 227883
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    Quote Originally Posted by BB_Cooper View Post
    Have a client with 2MM appraised CNC machines and wants to borrow using the machinery as collateral.

    Who does this sort of thing?
    If this is a B-D file, I can help you out, I have a few options.

  4. #4
    Senior Member Reputation points: 84417
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    Florida
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    Quote Originally Posted by BB_Cooper View Post
    Have a client with 2MM appraised CNC machines and wants to borrow using the machinery as collateral.

    Who does this sort of thing?
    How much are they wanting ? Good Credit? SBA Short Form up to $350K
    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

  5. #5
    Senior Member Reputation points: 2902 JParr's Avatar
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    Feb 2020
    Location
    Washington DC Area
    Posts
    113

    Late to the party but we'd be happy to take a look at this.

    Our sale leaseback program allows us to approve up to 75% FLV with terms as long as 60 months.
    Joshua Parrish | SLIM Capital
    (415) 938-4977 | josh@slimcapital.com
    www.slimcapital.com

  6. #6
    I have asset lending programs. You may contact me anytime. Thank you Sir.

    Jimmy-718-801-1085
    jimmy@sigicancapitalcorp.com

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