Working Capital Loans Using Construction Equipment
Use free and clear construction or heavy equipment as collateral to secure a working capital loan ranging from $10,000 up to $250,000.
Working Capital Loans Against Construction Equipment
Get working capital loans using free and clear construction equipment
Bad Credit OK
Perfect credit NOT required. We specialize in deals with challenged credit.
NO Prepayment Penalty
You can payoff the loan at any time — even at a discount
NO Tax Returns
NO tax returns required. Application only
Responses in one business day.
How It Works:
- You pledge your free and clear equipment as collateral for the working capital loan by completing a one-page application and equipment list
- Underwriting reviews the application and list within one business day
- Funding occurs in days
NOTE: Underwriting uses auction value not retail value. The auction value determines the approval amount. We use a 2:1 ratio. For example, if your equipment has an auction value of $300,000, then we could comfortably lend $150,000 for working capital given the strength of the equipment pledged as collateral.