On September 21st, 2020, the IRS finalized regulations concerning the depreciation of equipment purchases.
equipment financing
LendSpark Featured in Contractor’s Hotline—Equipment Financing Tips
See the original article in Contractor’s Hotline October 26th, 2018
$60K Tow Truck Loan
An Indiana Towing and Auto Repair business needed a new tow truck. It was struggling to get financing due to all of its records being destroyed in a house fire. We were able to put the pieces together from digital records and get them the loan they needed to purchase the new truck.
$20K Equipment Finance Loan
A Kansas City Non-Emergency Medical Transport Company won a vehicle at auction and needed funding at once. We approved them and funded them for $20k in less than 72 hours.
$200,000 Equipment Finance Loan
A five-time, Grammy-nominated recording artist needing a storage solution for his sheet music, archives, and other business-related items. We were able to provide him a significant financing solution that made him sing with joy.
$150K Equipment Finance Loan
An Oregon and California Forest Management Servicing Company needed a new mulcher to keep up with demand from customers. We were able to help them purchase the equipment and keep them moving.
