Refinance Heavy Equipment For Working Capital
A nationwide business financing company provides loans against construction and heavy equipment to be used as working capital. Loan amounts range from $10,000 up to $300,000.
VMI LLC provides loans against construction and heavy equipment as a way for construction companies to get working capital. The biggest assets that these companies have are their equipment. Using their equipment as collateral to secure a working capital loan is the best way for them to get business funding quickly.
According to the website www.FinanceHeavyEquipment.com, in order to apply, there is a one page application that must be completed. No tax returns or business plans are required. Approvals are received within one business day. Funding occurs a few days later.
All credit types are accepted. In fact, VMI specializes in bad credit equipment loans and unique funding situations.
Loans against construction equipment are available in many industries such as excavation, paving, construction, demolition, grading, paving and trucking.
Construction equipment funding is available for tractors, excavators, bulldozers, loaders, graders, scrapers, dump trucks, cranes, forklifts, backhoes, steers and other heavy equipment. Some of the manufacturers they accept are John Deere, Caterpillar, Komatsu, Volvo, Hitachi, Case, Peterbilt, Kenworth.
Borrowing against heavy equipment provides a simple and fast funding solution to construction companies that need working capital immediately. The loan proceeds can be used to buy inventory, make payroll, fulfill projects or hire more employees.
According to Skylar Marshall, Communications Specialist, “Our application only program is geared towards construction companies with bad credit that need a helping hand to get some working capital. Equipment is the biggest asset that these companies have and we use that to secure the loan. We will not discount an application based solely on credit because credit problems can happen to good people too.”
For more information on how to refinance heavy equipment to get a working capital loan, visit www.FinanceHeavyEquipment.com or call 1-888-838-1945.
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- Contact Information
- Skylar Marshall
- Communications Specialist
- VMI LLC
- Contact via E-mail
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