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Bank of America. From $25,000. ... but may specialize in equipment financing and offer loans to startups. They also tend to loosen credit score requirements to 600 or lower in some cases ...
Bank of America. Loans from $25,000. Up to 5-year terms. From 7.00% interest rates. Must have 2 years in business and $250,000 annual revenue. ... Where to get equipment loans for startups.
There are three main options for financing business equipment: loans, leases and sale-leasebacks. Even the best equipment loan may require a down payment of 10 to 20 percent, but you own the ...
After a sales growth of 2,652% between 1988 and 1992, Balboa Capital ranked #67 on Inc. Magazine's 1993 list of the 500 fastest growing private businesses in the country, and in 1997, the company was listed as #108 by Inc. [3] [13] [14] Also in 1997, Byrne was one of ten Orange County executives who received entrepreneurship awards from the Ernst and Young accounting firm. [2]
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 ...
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
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