EQUIPMENT FINANCING AGREEMENTS
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Equipment Financing Agreements are funding options for purchasing specific assets or equipment. Funds are repaid back over a fixed installment period, which can often be over a longer period of time than Working Capital Lines or Lines of Credit. These loans can only used for the specific assets, as the agreements are tied to the assets that are funded. These loans are best used for purchasing assets, and can not be used for working capital.
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Short application & quick decisions
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Funds can only be used for purchasing specific assets, which are collateral to those loans
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These loans will not generally not interfere with your existing funding or banking arrangements
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Loan values from $5,000-$500,000
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Repayment scheduled are fixed, but can often have longer repayment periods than some other funding options
Predictable and schedule monthly payments are great for budgeting purposes
Multiple purchase options are typically available at the end of the repayment term.
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