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  2. What documents are required to apply for an equipment loan? - AOL

    www.aol.com/finance/documents-required-apply...

    What is an equipment loan agreement?An equipment loan agreement is a contract in which a lender grants a business the funds necessary to purchase commercial equipment. The agreement spells out the ...

  3. What is an equipment loan and how does it work? - AOL

    www.aol.com/finance/equipment-loan-does...

    Whether your company needs a copier machine, restaurant equipment or a semi truck, you may be able to save capital and get the equipment you need with an equipment loan.

  4. How to get an equipment loan - AOL

    www.aol.com/finance/equipment-loan-181004367.html

    Loan amount: The loan amount varies by lender, but expect it to cover between 80 and 125 percent of the equipment’s cost. Down payment: An equipment loan may require a down payment between 10 ...

  5. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  6. Pros and cons of equipment loans - AOL

    www.aol.com/finance/pros-cons-equipment-loans...

    Cons. Limited to financing equipment. May require a down payment. Loan could outlast life of equipment. Pros of equipment loans. If you need to acquire equipment for your business, there are lots ...

  7. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.

  8. Commercial and industrial loan - Wikipedia

    en.wikipedia.org/wiki/Commercial_and_industrial_loan

    A commercial and industrial loan (C&I loan) is a loan to a business rather than a loan to an individual consumer. These short-term loans may have an interest rate based on the SOFR rate or prime rate and are secured by collateral owned by the business requesting the loan.

  9. Where can I get an equipment loan? - AOL

    www.aol.com/finance/where-equipment-loan...

    Lender. Loan amounts. Repayment terms. Key features. Bank of America. From $25,000. Up to 5 years. Rates as low as 7.00%. 2 years in business required. U.S. Bank

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