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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 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 ...

  4. 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 ...

  5. 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 ...

  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. 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 ...

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