How to apply for Equipment Financing
Advantages of Equipment Financing
- Quick approach to Cash.
- Very little paperwork.
- Equipment delivers as collateral.
Minimum Requirements for Equipment Financing
₹ 50 Lakhs
TIME IN BUSINESS
Documents required for Equipment Financing
VOIDED BUSINESS CHECK
LAST YEAR BALANCE SHEET
BUSINESS TAX RETURNS
LAST YEAR PROFIT & LOSS STATEMENT
Frequently asked questions
Despite business lines of credit don’t really have term lengths you can withdraw and pay back those amount indefinitely,as long as your lender believes that you’re a reliable borrower these labels help you compare short-term loans with short-term lines of credit and traditional term (or “medium-term”) loans with medium-term lines of credit.
The variance are commonly in their minimum qualifications, maximum fund amounts, and interest rates.
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