Equipment Financing -- Got Money?
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Erik Cagle
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How difficult it is to get financing in the current climate is a matter of opinion, but several authorities on lending see a golden opportunity for those companies that have historically taken great care in managing their businesses.
“Standards are more stringent; the deals are looked at more carefully,” says Jeff Shaner, executive VP with Great Atlantic Capital. “Deals that might have gone through in 2007 or even last spring, might not get done today. If you rate credits at different levels—A, B, C—maybe we won’t do a C-minus deal now, only C-plus and higher.”
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Erik Cagle
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