|
Loan Size |
$25,000 to $400,000 |
|
Term |
Up to 84 months |
|
Payment |
Monthly |
|
Timing |
Decision in 2 days, Funding in 5 days |
|
Credit |
640 minimum credit score |
|
|
Credit below 640? CLICK HERE |
|
ISSUE |
LOANS |
LEASES |
|
Upfront payments |
NO |
YES |
|
Installation of equipment must be completed prior to funding |
NO |
YES |
|
Original vendor invoice required prior to funding |
NO |
YES |
|
Leasehold improvements included |
YES |
NO |
|
Progress payments during installation/manufacturing process |
Cash up front to be used as needed. |
NO |
|
Debt reflected on CBR |
NO |
Possibly |
|
Sales tax issues |
NO |
YES |
|
Personal Property Issues |
NO |
YES |
|
Life insurance required |
NO |
Possibly |
|
Property Insurance required |
YES |
YES |
|
Administrative fee required |
YES |
YES |
|
Early payoff allowed |
YES |
NO |
|
Equipment may be purchased from another end-user, auction house, or internet |
YES |
NO |
|
Heavily customized software transactions and hourly IT work allowed |
YES |
NO |