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Updated over 1 year ago on . Most recent reply
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Interest only business loan advice.
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.
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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.