On September 21st, 2020, the IRS finalized regulations concerning the depreciation of equipment purchases.
equipment financing
$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.
$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.
$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.
Credit Challenges for Purchasing
Company: Manufacturing Company Challenges: They had bad business credit, past credit challenges with personal credit, and minimal credit length history in general which makes it difficult for traditional financing. They had a need for a new laser etching machine but couldn’t find financing for it. Solutions: We wanted to help them because they are local […]
