Our equipment loan option works the same way as an inventory line, it is structured in concern with an accounts receivable factoring facility. UUDomains.com has a team of funding experts that understand the obstacles that sometimes companies go through in order to successfully secure the right funding option. A receivables factoring facility may sometimes fall short of providing all the funding a client needs, that is way we offer a sub-facility secure with equipment as part of the factoring arrangement.
The inventory funding ranges from $300,000 to $7 million, on a 24-month term with a renewable option, it offer an advance rate of up to 75% of the Orderly Liquidation Value and one borrowing base with the factoring facility.
The company would have to be in business for at least two years
Meet DSCR / FCCR underwriting requirements
Final underwriting written approval
Other standard requirements for an inventory facility apply.
STAND-ALONE EQUIPMENT LEASES / LOANS:
We can also arrange for stand-alone equipemnt fianncing with a full range of flexible equipment leasing and finance solutions for businesses that have been operating for at least two years. Our equipment leases include:
Operating LeaseSale Lease Back