Sentences with phrase «equipment loan working»

Most recently, we were able to procure a $ 75,000 equipment loan working with UFCU and the Small Business Administration.
Equipment loans work differently than standard business terms loans.

Not exact matches

In fiscal year 2005 the SBA provided $ 20 million worth of MicroLoans, disseminated through non-profit groups, these loans are intended for the purchase of machinery and other equipment, office furniture, inventory, supplies, and working capital.
Ten - year maturities are available for loans for equipment and working capital (though seven - year terms are more commonplace), and loans for real estate and major equipment purchases can be paid back over as long as 25 years.
Finally, the SBA notes that loans that they guarantee are only to be used for specific business purposes, including «the purchase of real estate to house the business operations; construction, renovation, or leasehold improvements; acquisition of furniture, fixtures, machinery, and equipment; purchase of inventory; and working capital.»
In a way, equipment financing works in a similar way to a car loan.
Depending upon the lender, business owners can use loan proceeds for working capital, to purchase inventory or equipment, ramp up a marketing campaign, expand, or other similar uses.
SnapCap is an online lender that provides small business loans for working capital, inventory purchases, business expansion and equipment purchases.
Businesses in the black can often benefit from taking out a loan to expand operations, purchase new equipment, buy inventory and increase working capital.
The following will provide an overview of how equipment financing works, what rates and terms you can expect in today's marketplace, what are the basic qualifications for these loans, and where you can obtain such a loan.
Installment loan for long term needs, working capital, purchase equipment, expand facilities or acquire business real estate
Purchase or refinance of owner - occupied commercial real estate, facilities expansion, working capital, or equipment purchases with a mortgage loan secured by commercial property.
It was a reminder of the humility he retains from his working - class childhood in Montreal, where he and his four older siblings had paper routes to pay for hockey equipment, and his father, Claude, a prison guard, sometimes took out loans to pay for goalie gear.
A microfinance loan officer serving village artisans in Ethiopia, an engineer working to ensure clean water in Bolivia, a health worker delivering vaccines in Zambia — each can see three times as many people and carry five times as much equipment by bike as on foot.
Loans are available to most businesses, and may be used for any number of things such as buildings, machinery and equipment, moving expenses, inventory acquisition expenses, or working capital.
SnapCap is an online lender that provides small business loans for working capital, inventory purchases, business expansion and equipment purchases.
You can use these loans for working capital, inventory, real estate, debt refinancing, equipment purchases and more.
Initially, you'll need to assess what you need the loan for (equipment, real estate, working capital, business expansion, etc.) as this will also inform what type of loan or line of credit you need to apply for.
7 (a) loan program - long - term financing for real estate acquisition, building construction, renovation or expansion, purchase of machinery and equipment, purchase of inventory, and working capital.
The following will provide an overview of how equipment financing works, what rates and terms you can expect in today's marketplace, what are the basic qualifications for these loans, and where you can obtain such a loan.
Loans provide financing for working capital, equipment, inventory, and the construction or purchase of a commercial property.
These work similar to home equity loans except instead of putting your house up for collateral, your commercial real estate or equipment is at stake.
Online loans from $ 10,000 to $ 100,000: With the EGF SmartLoan ™ you can secure affordable financing for working capital, debt consolidation, business expansion, or machinery and equipment - in just 5 business days.
The lender offers short - term business loans, working capital loans, and equipment financing.
Chemical Bank offers a variety of lending options, including SBA Loans, Equipment Financing, Working Lines of Credit, and Business Acquisition financing.
AAC used the funds to purchase equipment and materials needed to build the specialty work stations, which wouldn't have been possible without the EGF loan.
Funds from short - term business loans can be used for many different purposes, including buying equipment, furniture, inventory, paying employees, and other general working capital needs.
Our loan options can help you finance property, acquire a business, purchase equipment or vehicles, provide working capital and more.
First IB Commercial Banking offers new and refinanced working capital lines of credit, equipment loans, acquisition / expansion loans, owner - occupied and investment commercial real estate loans, SBA loans and commercial credit cards.
Looking forward, the loan from SoFi will undoubtedly provide me with the flexibility I need to do my job — travel to report stories, purchase equipment necessary to record video and audio footage of those travels, and market my work once it publishes.
With our professional business loans and lines, you can borrow the money you need, when you need it to purchase equipment, expand your office, or increase your working capital levels.
An Intermediate Loan is necessary for starting up business to buy inventory, equipment and also increase working capital.
The program makes loans secured by equipment, real estate and permanent working capital, and it can be used to refinance existing loans.
These loans can also be used to buy, build or remodel facilities and equipment involved in international trade, or for working capital.
OnDeck loans are typically used for a variety of purposes, including working capital, new inventory or equipment, hiring of employees, expansion, remodeling, marketing, and cash - flow management.
Small business loan can be used for a variety of business needs, including startup capital, working capital, inventory, payroll, technology and equipment, business expansion, new market penetration, marketing, sales, day - to - day operating expenses, or any other routine business need.
But if you used the remaining 20 percent to buy office equipment, travel expenses to a work - related convention or two, and other business costs, you can deduct the interest on that portion of your personal loan.
There's the general 7 (a) loan program for companies acquiring or expanding a business, buying inventory or equipment, refinancing or trying to tap more working capital.
The cost to run a veterinary hospital is high (payroll, equipment, insurance, inventory, labs, leases, loans, rent, mortgages, continuing education to remain current in the veterinary field, etc.), and we still feel very fortunate to work in a business that helps animals.
LEAP Holdings will use the majority of the net proceeds from the offering to acquire machinery and equipment, strengthen its workforce, and repay outstanding bank loans, as well as for general working capital.
Further, amount of loan must be need - based, subject to ceiling of Rs 25,000 per borrower for purchase of machinery or equipment etc, and meeting working capital requirement of one operating cycle.
Verify completed work via data entry; uploaded images; electronic signatures; Maintain confidentiality and care with all loaned company equipment and company credit card
A commercial loan officer works with businesses in obtaining loans for business expansions or equipment upgrades.
Also processed working capital lines of credit and equipment financing loans exceeding $ 25.2 M in 2016.
KEY QUALIFICATIONS • Three years» progressive work experience as a Bank Teller • Highly skilled in cashing checks, accepting deposits and loan payments, and processing withdrawals • Functional knowledge of performing specialized tasks such as personal money orders • Able to record all transactions in a prompt and efficient manner • Hands on experience in providing exceptional customer service and resolving clients» accounts issues • In - depth knowledge of examining instruments for endorsements and verification purposes • Proficient in using computers and other office equipment • Bilingual — English and Spanish
Tags for this Online Resume: Lending Compliance, Credit Department Supervsor, Administrative Assistant, Word, Excel, Powerpoint, Jack Henry, BankTrack Imaging, Credit Reporting, Operate Office Equipment, Working with internal / external auditors, Working with Federal Regulators, Working with State Examiners, Reviewing all Loan documents, Process reports Monthly Loan Loss Reserve Reports, Compliance Training, CRA Officer, HMDA Officer, Process credit verifications, LaserPro
RCA Capital (Fair Lawn, NJ) 06/2001 — 12/2004 Regional Sales Manager • Responsible for new business development of equipment leases and loans in the tri state area • Focus on vendor financing in graphic arts and paper converting industries • Generate sales ranging from $ 2 million to $ 70 million • Built strong professional relationships with CPA's, attorneys, vendors, and customers • Generate new customers through networking, referrals, and other tactics • Consistently recognized for work ethic and excellence in management
Whether it's a fix and flip deal or strictly a rehab, or maybe it's a bridge loan or transactional funding; even a construction or equipment loan... The sky's the limit for wise investors who understand how Hard Money Lending works, and know how to use these tools to achieve the financial freedom they've been seeking.
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