Equipment Buy-Back Programs – Did you know?
Did you know that your old equipment can be used to leverage financing?
Clientele from various industries are using old loaders, tankers, excavators, semi-trucks and heavy machinery to leverage longer terms, better rates and more funds.
A typical business that is bringing in $2,000,000.00/per annum could qualify for $200,000.00 working capital on a 12 month term. When equipment is involved, the term can be stretched out, allowing us to raise more capital for the business.
Depending on the value of the equipment and health of the business, Service Capital can lend up to $1,000,000.00 or more to a business bringing in $2,000,000.00 per year.