What CAN'T We Do?
We've been seeing a lot of equipment finance applications - just wanted to let you know what's happening in case you may have opportunities you're not aware of.
Just yesterday I
got an application for a $4.1 million boat, and a $65,000 truck/rig
which is in process and which I expect an approval on today. Within the
last few days I've gotten applications for solid waste disposal
containers, a plane, oil "fishing" equipment (for clearing out the
shafts), cattle processing equipment, air conditioners and generators, and sound equipment.
Several
of these will get done, a few will not due to credit reasons, not the
equipment type.
The range of equipment you can finance with this program
is very broad, and the money to be made by brokering the deals is very
good - plus has the added benefit of no disclosure of your income.
We're
also approaching closing on an IHop restaurant building, a multi-family
project, a retail strip center, and an industrial single-tenant
property, on the mortgage side.
This should give you a feel for the types of deals others are
sending us and that you can get done here. Let me know if there's
anything I can do for YOU!
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