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General Guidelines
- From $200,000 to $10 Million
- Collateral is equipment or real estate already owned
- Loans up to 70% of auction value or any equipment that has a verifiable secondary market
- Terms ranging from 90 days to 36 months - open terms available
- Interest rate ranges from 1% per month
- Flexible structures
- Typically, short term loans are funded within 10 days of initial call
Who Qualifies
- Companies with hard assets and/or real estate equity
- Distressed situations / Special loans in need of restructuring
- Tax issues (GST, PST, Source deductions etc)
Sample Equipment List
- Construction, yellow iron
- Heavy trucks and trailers
- Processing and packaging equipment
- Production line equipment
- Plastic injection molding equipment
- Metal / wood manufacturing equipment
- Drilling equipment
- Crushers
- Oil rigs
- Bottling Plants
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