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Equipment Financing

Whether you're expanding your business with new essential use equipment, replacing equipment or automating your manufacturing line, Angel Capital's Equipment Financing programs make it possible for you to continue to go and grow based on your needs and requirements.  We offer: Structured financing and loans; Financing for new and used equipment acquisitions; and Re-financings and rental conversion term loans and leases.

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  • App Plus™

Financing available up to $250,000

App PlusTM is an ideal solution for customers looking to finance equipment ranging from $150,000 to $250,000 in value. The program also can be used for existing North Mill customers looking to increase their debt up to $250,000.

 

  • Application Only

Loans/leases up to $150,000

North Mill’s signature Application Only (App Only) program is a great option for customers with an immediate need for financing. All we require is a signed credit application and the assets invoice along with its specifications. Period.

 

  • Refi-Cash Out

Accessing equity in equipment for business capital

A perfect program for businesses looking to leverage the equity in an asset already owned. Your customer can “cash out” the equity, refinance assets with existing liens, or both.

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Equipment Leasing

If your company needs an equipment lease to avoid technology obsolesce or to meet GAAP requirements, Angel Capital's Equipment Leasing programs will exceed the needs of your business and provide growth.  We offer the following Lease structures: :  Capital, Operating, TRAC, First Amendment Sale/Leasebacks.  

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Financing Structure Options

Faitr Market Value and EBO tax leases

TRAC Leases

Fixed and floating rate term loans

$1 Out and fixed purchases leases

Lease Lines of Credit

Sale Leasebacks and refinancing

Terms from 2 to 8 years (Longer terms may be available depending on equipment type and credit quality)

Complete standard credit package.

 

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