 CASH-OUT on Equipment LeasesSaturday, June 26, 2010 - Article by: Steve Dick, CEM Dedicated Commercial Lending LLC -
CASH-OUT Available on Equipment Leases: New Lease at New Terms with Cash back. Cash out may be available from the equity you or your client has in business equipment, tools, etc. A refinancing of the equipment - whether currently owned, leased, or making payments on a purchase - can be done in the form of a "Sale Leaseback", which can advance cash for the equity you have in your equipment. Certain Tax Advantages may apply also. For many businesses the equity may be equal to $10's of thousands of dollars (sometimes more) that might be used elsewhere, such as for business expansion, other debt reduction, or to assist with additional Real Estate and Business acquisition. * Any use of funds is permitted. * A simple credit application and listing of the equipment will get an answer as to lease terms and the amount of cash-out available. * Reasonable Terms. Suitable entities include most: Businesses, industrial & and construction companies, medical groups and offices, even governmental entities and, nonprofit organizations Equipment potentially eligible (if not listed, call or email to inquire):
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