[jfeinberg]

Are any of your clients looking to purchase new or used equipment? Are the rates for an Advance too high?

We offer Equipment Financing & Leasing with 12-60 month terms, average rates between 6-12%, payments are monthly, quarterly, and annually.

We can finance or lease $500-$100,000. Approval's are given within 2-4 business hours. The only equipment we cannot fund is boats, planes, and guns.

10% commission on the financed amount.


Please send an email to ISO@Everlastingcapital.com to receive a partner agreement or call 888 777 8144 to speak to our partner relationship department.

Thanks,
Josh

[mcaguru]

Everlasting are a good group of people!

[AndyYSCISOdept]

Agreed.

[Fund_It]

Equipment Financing and Leasing is huge. I can't tell you the number of times I run into merchants who were forced into cash advances when they were using the money to purchase equipment. Traditional terms conventional rates is a huge selling point along with the tax benefits, especially when everyone calling UCC's is pitching capital.

[FUNd]

Equipment Financing and Leasing is huge. I can't tell you the number of times I run into merchants who were forced into cash advances when they were using the money to purchase equipment. Traditional terms conventional rates is a huge selling point along with the tax benefits, especially when everyone calling UCC's is pitching capital.

The credit standards for an equipment lease approval far exceed that of working capital. I don't think as many merchants are "forced" into WC as they just don't credit qualify for a lease or finance agreement.

[jfeinberg]

I think in the case of not being able to be approved for equipment, working capital is a good option. However I think there is a lack of knowledge and resources for Equipment financing, and leasing in the cash advance space. That's one point I didn't touch on. We can fund a lessee with credit 550+. Our programs are far less strict than most.

[bdshaw]

FUNd, the underwriting depends on what form if working capital.
Some WC programs are more stringent. You obviously know differently but how often do you see a deal from someone who thinks that leasing is a catchall for bad credit.

[FUNd]

FUNd, the underwriting depends on what form if working capital.
Some WC programs are more stringent. You obviously know differently but how often do you see a deal from someone who thinks that leasing is a catchall for bad credit.

Never. Traditionally, leasing credit standards are high(er). Monthly payments, longer terms, less interest, better tax advantages. However it is collateralized, so overall a less risky instrument for investor dollars. I'd rather put my money in leasing than syndicate or lend MCA any day.