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

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

    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 fees, terms of repayment and what ...

  3. How to manage an equipment loan - AOL

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

    Doing so will help you compare loan options to find the right equipment loan that matches your needs and budget, making it easier to manage your equipment loan in the long term. 3. Keep up with ...

  4. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    For commercial banks and large finance companies, "loan agreements" are usually not categorized although "loan portfolios" are often broadly characterized into "personal" and "commercial" loans while the "commercial" category is then subdivided into "industrial" and "commercial real estate" loans.

  5. 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 ...

  6. Leveraged lease - Wikipedia

    en.wikipedia.org/wiki/Leveraged_lease

    Under the loan agreement, the lender has rights to the asset and the lease payments if the lessor defaults. In this type of lease, the lessor provides an equity portion (often 20% to 50%) of the equipment cost and lenders provide the balance on a nonrecourse debt basis. The lessor receives the tax benefits of ownership.

  7. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt , which will be repaid with added interest . There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans , business cash ...

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

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

    The SBA 7(a) loan is the most common SBA loan available, and you can use the funds for general purposes like buying equipment. The SBA guarantees up to 85 percent of the loan, compared to just 40 ...

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