If you're looking for a lender who can lend to your client on their free and clear machinery or equipment valued over $2MM, I have a lender I've work with that:

a) Loans start at $1MM
b) Solely based on the value of the equipment
c) Who's only rule is: pay your bill on time
d) Industry agnostic

Market rate + 10% (not the cheapest, but it's real).
Terms: 1-5 years
75-85% LTS (Loan to Sale - Forced Liquidation)

Deals take 2-3 days to pre-approve.
Once a term sheet is signed and DD is paid, deal takes approx 4 weeks to close between appraisal, UW, and closing.

The borrower must pay for an appraisal, underwriting and escrow fee of $5,000 (which is refundable at closing, provided no legal issues).

If they have any MCA's, those will need to be paid off.

Want to know more? Let's talk. I can provide consulting services on how and who to get this done with.


Steven O. Ruiz
Presto Prestamo, LLC
239-234-2727
Lehigh Acres, FL 33972