Equipment financing is tougher today than in years before. Banks are frantic, the housing market is affecting the entire financial field.
Banks are getting pressured by the Federal government … to help distressed homeowners, to slow down their foreclosures so as to stay out of the real estate business.
Bottom line, banks just don’t have the lending capacity they had before. They simply have less money to lend. And they are extremely picky about who they lend to.
That Said, Equipment Financing Still Lives
Our Resources specialize in finding hidden sources of money. Many have rates equivalent or better than banks. Some rely more on the equipment as collateral than the credit of the owner.
Contact us here, tell us about what you need, we’ll get back to you a.s.a.p.
