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Equipment Leasing Companies Looking For Cash In

One of the tenants of equipment leasing has been that that you can secure loan to equipment value amounts of 90% of the equipment costs or higher.

This has changed as of late, especially for used equipment, where equipment leasing companies are asking for larger and larger amounts of cash down before they will be interested in financing the deal.

With the market basically over supplied these days with used equipment, leasing companies are being cautious in making sure there is enough equity in the deal to cover their investment costs in the event of a borrower or lessor default in the payment requirements.

April 16th, 2010

Posted by admin in Finance | No Comments »