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79
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13
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MIchael McCUe
13
Votes |
79
Posts

Interest only business loan advice.

MIchael McCUe
Posted

 generally saving for real estate so I guess it’s kinda similar, Looking for business loans advice   I wanna finance equipment ie.. ring saw and an excavator, is their a maximum for lease portion of the loan or  is it like real-estate where eventually you declare bankruptcy on the property, I’m thinking.

Most Popular Reply

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466
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278
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Wyatt Wolff
  • Lender
  • Charlotte, NC
278
Votes |
466
Posts
Wyatt Wolff
  • Lender
  • Charlotte, NC
Replied

Not too sure what you are asking, but Ill take a swing at it. Heavy equipment sale you can do leases or lease to own options (more expensive). But just like a car, you can have equipment repossessed. Sometimes equipment goes up in value. Rarely, but it does. 

  • Wyatt Wolff
  • [email protected]
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