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An equipment loan is financing you take out to buy a specific piece of business equipment. And in this case, equipment can be pretty broad. Companies take out equipment loans to finance the ...
Equipment loan. Equipment lease. Sale-leaseback. Your business owns the equipment as soon as the purchase is made. You don’t own the equipment until it is paid off and you agree to buy it fully.
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
The Wasserstrom Company is a restaurant supplier based in Columbus, Ohio with distribution centers located across North America. [2] The Wasserstrom Company is a family-owned and operated business that was founded in 1902 by Nathan Wasserstrom. [3]
Burkett Restaurant Equipment & Supplies is an American food-service equipment and supplies dealer, headquartered in Perrysburg, Ohio.Founded by Jameel Burkett and Mike Burkett, the company has been family-owned and operated since 1977.
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 ...
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