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

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

    Bankrate insight. Equipment loans can offer quick financing and don’t require extra collateral. But consider all the pros and cons of equipment financing to help you decide if this loan is right ...

  4. How to manage an equipment loan - AOL

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

    Bankrate insight. Keep other types of loans in mind before finalizing and signing a loan agreement. For instance, if you need money for multiple purposes, a good small business loan may be a ...

  5. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses; Definitions or interpretation provisions; Facility and purpose [a] Conditions precedent to utilization

  6. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt). This form is filed in order ...

  7. Standard form contract - Wikipedia

    en.wikipedia.org/wiki/Standard_form_contract

    A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...

  8. 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 ...

  9. Equipment leasing vs. financing - AOL

    www.aol.com/finance/equipment-leasing-vs...

    Equipment leasing gives you access to much-needed equipment without the higher monthly cost associated with a loan. In many cases, your business can also avoid a down payment, saving you thousands.

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