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Lending Against Construction Equipment Offers Immediate Working Capital

VMI LLC, a California company, offers an equipment financing program that is application only up to $400,000. Companies use their free and clear construction equipment as collateral to get working capital. One page application. Approvals in one day. Funding in five days. All credit types accepted. Working capital loans range from $10,000 up to $400,000.


Los Angeles, CA – WEBWIRE

VMI LLC offers an equipment financing program that is application only up to $400,000. According to the website, www.FinanceHeavyEquipment.com, companies use their free and clear construction equipment as collateral to get working capital. This is especially helpful for business owners who have been turned down by traditional banks because of bad credit or other strict lending criteria.

Under this application only program, there is a one page application and equipment list that need to be completed. Approvals are received within one business day. Funding occurs in five days or less.

Construction equipment financing is available for excavators, loaders, dozers, cranes, backhoes, graders, scrapers, skid steers, trucks, trailers, forklifts, agricultural equipment, farming equipment plus much more.

Some of the accepted brands of equipment are Deere, Caterpillar, Kenworth, Peterbilt, Case, Komatsu, Hitachi, Volvo, JCB, New Holland, Grove, Terex, Kubota and Freightliner just to name a few.

Loans against equipment are available in many industries such as construction, excavation, hauling, mining, demolition, trucking and grading.

Construction equipment loans provide a way for construction companies to get the working capital they need to fulfill projects, make payroll, take care of outstanding invoices and purchase supplies.

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 quickly. 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.”

To find out more on how to borrow against construction equipment, visit http://www.FinanceHeavyEquipment.com or call 1-888-838-1945.

 


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