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Huntington Beach, CA – A company in Maryland came to us seeking an equipment loan and additional funds for working capital for their growing HVAC business. They had some trouble with traditional banks because the company had recently gone through a turn around period and the owner had to take out some high interest rate loans. The concern was that he would do it again.

Equipment finance quotes consulted with the borrower and convinced the lender that a portion of the new funds being provided would be going toward refinancing the more expensive debt and more responsible interest rates. Additionally, the two new work vans being purchased with the funds will generate between $200,000 and $300,000 in annual revenue each. The additional revenue making the company less reliant on outside capital to finance the company’s operations.

Sometimes all it takes is a forward-thinking capital partner, but those are hard to find if you’re not in the industry. At Equipment Finance Quotes, we take the guess work out of finding the right lender and handle it for you. If your company could use an equipment loan to purchase or refinance existing equipment, give us a call at 714-719-8966.