Food Truck Manufacturers – Miami: Financing
Benefits of financing through partners capital :
- Offer funding for businesses across all 50 states
- Large credit window with multiple programs available
- Prefunding available upon approval.
- Can offer 3 months deferred payments while your equipment is being built. (must qualify)
- Work well with new and used equipment.
- Will not report to your personal credit.
Credit guidelines :
- We work with all credit types – A-D credits and start-ups too!
- Application only up to $250k for established businesses and up to $50k for start-ups.
- Can consider corporation only for well-established businesses.
Benefits of financing through innovative lease include :
- Quick Credit decisions – Approvals in 1–2 days
- Quick Funding – available pre-funding.
- Approvals without extensive financial statements
- Deferred or seasonal payments available 2+ yrs.
- Low or no upfront cash outlay.
- Builds Business Credit.
- Doesn’t report to personal credit.
- Start-up programs are also available.
Why finance or lease ?
1. Easy approval process.
2. Flexible Terms (1-5 years)
3. Start up financing available.
4. Expand your business without depleting your working capital.
5. 100% Tax deductible (Section 179 of the IRS Tax Code allows your business to deduct the full purchase price for the equipment you finance! Most businesses get to deduct 100% of the total equipment costs. Consult your tax professional.)
Benefits of financing through partners capital :
- Startups are welcome! (new businesses)
- Immediate response – (30 minutes feedback)
- Fixed-rate financing – payments stay the same for the entire term
- Flexible terms – 2–5 years available
- Will not report to your personal credit
Credit guidelines :
- Work with A-D credit tiers
- 650 credit required for new businesses
- Can use a co-signer