Equipment Financing -- Got Money?
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Erik Cagle
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Requisites Still the Same
The burden of proof probably isn’t all that much different now than it was 12 months ago. Requisites include three years worth of financial statements, numbers that indicate profitability, and an ability to fund past and future debt, Shaner notes. The more recent the statements, the better. Obvious red flags are a bad payment history and past bankruptcies, while outdated financials can bog down the process.
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Erik Cagle
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