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Borrow Against Your Equipment

You can receive fast cash for any purpose by using the equity from almost any existing business asset such as office equipment, computers, software, machinery, etc. Your equipment is purchased from you and you are paid cash. Your equipment is simultaneously leased back to you without ever leaving your possession. It is your option to purchase it back at the end of the lease term for $1.00.

TYPE OF PRODUCT: Lease secured by existing new or used business assets
LENGTH OF TIME IN BUSINESS: Two Years Minimum – In good standing
CREDIT REQUIREMENTS: Personal credit score of 575 – No major derogatory items
DOCUMENTATION: Usually no income verification up to $75000
Amounts over $75000 require financial statements & tax returns

PROCESSING:

Within 3-7 business days
FUNDING:

Within 7-10 business days after approval

FUNDING RANGE: $10,000.00 to $2,000,000.00
RATE & TERM: Competitive rates structured as a lease transaction. 36 to 60 months
Terms. First and last month payments only required in most cases
PERSONAL GUARANTEE: Required
MAJOR TAX BENEFITS:

A monthly lease payment usually becomes a direct business expense creating a write-off which reduces taxable income on equipment by up to 37% depending on your state’s laws (check with your tax advisor).

Loan amounts will vary based upon industry type, equipment type and value. Equipment must be owned outright with no existing liens or leases. New or used equipment is acceptable.

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Commercial Loan Solutions
Corporate Headquarters:
4701 Wrightsville Ave.
Bldg 2, Suite 206
Wilmington, NC 28403
Toll Free: 800-540-2820
Phone: 910-350-2820
Fax: 910-350-1558
E-Mail: info@clsinfo.net

Commercial Loan Solutions
California Office:
2934 ½ Beverly Glen Circle
Suite #114
Los Angeles, CA 90077
Toll Free: 800-849-1131
Phone: 310-471-4750
Fax: 310-476-6156
E-Mail: info@clsinfo.net