Equipment Financing -- Got Money?
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Erik Cagle
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“A while back, you would have been able to get 100 percent financing, but today that would be impossible,” he points out. “They’ll want you to make a down payment. From a terms standpoint, the only good one is interest rates, which are still low. Time to repay is getting shorter, so you probably can’t get 10 years. Three or five is more the norm.”
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Erik Cagle
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