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This includes 100% software financing without the hassle of
additional collateral or onerous contract language, as well as
handling much of the installation and soft costs normally eschewed
by the “big box” warehouse-type lenders. And you can rely on the
same terms, rates and conditions for your customers that vendors of
“hard assets” receive for their customers.
Healthcare and Professionals:
Select Business Credit has extra flexible credit guidelines for your
customers if they fall in this category, including up to $150,000
application-only approvals, even for the professional just starting
out in business.
Titled Vehicles and Transportation:
We will finance most titled vehicles and we have a simplified
titling process. We can go up to 60 months for most new or used
vehicles. And if your customer is selling their current vehicle to
another party in order to buy yours, we will finance that “private
party” transaction, in order for you to make the sale.
Used Equipment for all Sectors:
We do not have rigid guidelines that discriminate against certain
industries and types of equipment. We will do for Information
Technology what we do for Construction. We pride ourselves on being
experts in the “information business” side of our industry. We do a
great deal of research on all industries in both real time and
actuarial valuations on the underlying asset. It’s not uncommon for
us to finance equipment that is over 20 years old in some cases. In
these situations, buyout options and terms are less flexible
Construction and Heavy Equipment:
It is not uncommon for us to go out to 84 months in financing some
of the bigger, more expensive, heavy equipment. We will, without
special review readily offer 72 months for most construction
equipment. Our leasing professionals are very familiar with this
asset bracket and work hard to stay on top of events and trends in
this industry. We attend many of the major tradeshows and industry
conferences for on-going education and to remain aware of the
challenges facing this industry in its sensitivity to the boom-bust
business cycle. We have special tailor-made lease structures,
pricing and flexible end of term options for this cash flow
sensitive sector, that will allow your customer to purchase your
equipment and match his lease payments to his “job completion”
revenue streams.
Automotive Repair & Related Industries:
Whether you’re in the business of selling equipment to the
automotive repair, towing, or collision repair body shops, Select
Business Credit has many options available for this diverse and
extensive customer base. We have a lot of experience in financing
the many different credit profiles that fall under this industry
sector and know the challenges you face as a vendor to this market.
You need a very flexible leasing partner to succeed in this industry
and Select Business Credit is just the resource you’re looking for,
with its myriad options and funding partners that can place much of
the multi-tier credit profiles, with little difficulty.
Manufacturing/Production/Industrial
By far the biggest sector in the US economy, encompassing over 60%
of all equipment manufactured and sold, this is the clearly the
bread and butter of the commercial equipment finance business. We
are simply masters at financing equipment that falls into this
category. Select Business Credit can get your customer “sold” and
into your equipment in virtual real time, with funding immediately
following delivery and in some cases, prior to, on approved credit.
Whether you’re selling metal forming, CNC machine tools, electronic
manufacturing, food processing, packaging, plastics, graphic arts,
bindery, scientific lab-test or a whole host of other types of
equipment, Select Business Credit has a flexible, low cost finance
alternative for all your customers. We pride ourselves on getting
over a 90% approval ratio on our credit submissions. We structure
the deal to get it approved and you the funding.
Restaurant and Hospitality
From cappuccino machines to ovens, dishwashers, lighting and sound
delivery. Anything a restaurant, bar or club owner would purchase
as capital equipment for a start-up venture, or to renovate a
current establishment, or open an expansion location, Select
Business Credit has a MasterLease program suited to your customer.
These range from $25,000 to $150,000 for start-up entities,
depending on their credit and needs, to $250,000 for stronger, more
established businesses. And all are application-only with no
financials required. We know this sector well and know that
financial statements show very little of the cash flow picture.
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