Using Loans against equipment for your retail store.
Are you the owner of a retail business looking to find additional cash flow?
Many retail stores are looking to procure a loan against equipment to help with their cash flow and working capital needs for their business.
Many business owners have had their sales drop in half during these last few years. We were a victim of this economy and our cash flow was very low. After two years of declining sales and increases in rent, it no longer made financial sense to keep the doors open. So if you don’t have financial reserves, this can happen to you. The economy is something we have no control over, so try to be prepared. Try to put something back for a rainy day.
Every business including retail stores have assets. Assets such as Industrial equipment includes CNC Milling machines, Cranes, Assembly line equipment, industrial ovens, and more. Machinery equipment includes Lathes, Drill presses, brake Computer equipment which can be used in this Loan Against Equipment niche financing includes Servers, desktops, laptops, routers, and software all can be considered when a business owner is considering using loans against equipment.
Many retail stores are looking to procure a loan against equipment to help with their cash flow and working capital needs for their business.
Many business owners have had their sales drop in half during these last few years. We were a victim of this economy and our cash flow was very low. After two years of declining sales and increases in rent, it no longer made financial sense to keep the doors open. So if you don’t have financial reserves, this can happen to you. The economy is something we have no control over, so try to be prepared. Try to put something back for a rainy day.
Every business including retail stores have assets. Assets such as Industrial equipment includes CNC Milling machines, Cranes, Assembly line equipment, industrial ovens, and more. Machinery equipment includes Lathes, Drill presses, brake Computer equipment which can be used in this Loan Against Equipment niche financing includes Servers, desktops, laptops, routers, and software all can be considered when a business owner is considering using loans against equipment.
Your retail business does make money when it uses its equipment and doesn't own it.
You can use the current equipment you own to increase the cash flow in your business.
Small Business Loans Depot, Ed Rogers has a specific loans against equipment program that allows you to submit a one page application. This is a Loan Against Equipment app and equipment list that you will need to fax or E-Mail. The typical time to process is about one to three days. Once you are approved the funding normally occurs within five business days. If more funding is needed, additional loan against equipment funding portions or parts may be obtained. In instances, as much as $150,000 to $250,000 total funding may be available.
Contact Ed Rogers at Small Business Loans Depot at 919-771-4177 for details.
Contact Ed Rogers at Small Business Loans Depot at 919-771-4177 for details.