Prime Rate 7.50% Swap Rate 3.72% Pres.Trump Exe. Order Oil & Gas Drilling in Alaska Tarrifs: Economy (-1.1%) Balance Sheet: P&L Statement (+2.3%)

I did some Research

  • I talked to my management team and we pulled some reports and looked at your:
  • PayNet – Business Payment History
  • D&B Report – D&B Credit Report
  • Secretrary of State – Time in Business
  • Bank History – Reviewed your UCC.
  • Everything looks solid. I want to work with you guys. This is a great opportunity.

Simple APP

  • We have a Simple App Program that goes up to $500K. Most Companies only go up to $200K.
  • If everything looks good I can get you Approved in 24 Hours.
  • Give me 5 minutes and fill out this credit App with me. And will get you some numbers in a couple of hours.
  • I already have 90 percent of the info. Is the business address…..

Example

  • We just funded a Betonstar 50M. The company was a Tier 1 Credit, and they put a down payment, good annual sales so we won the deal. They were happy and there going to let us quote another Pump Truck. 
  • What we like to do is offer the best rate so we can win the deal. (if they ask 7%)

Rebate Program

  • We do have a Sellers Network where we can offer discounts on the equipment. I can’t guarantee we have something for you but if you are having a difficult time finding the equipment I can ask and see. We do hundreds of Million of dollars in financing equipment that all we do so I might be able to find something for you.
  • Get the Details on the equipment —

Issues with Banks

  • We are a Large Financing Group. All we do is Equipment Financing. We have discounted programs with Low Rates.
  • We work with alot of companies who are looking to Diversify their Banking Relationships.
  • The Banks require too much paperwork
  • Collateral Requirement with Blanket Liens on all assets
  • They take too long with Lengthy Approval Process
  • They don’t want to Tie-Up their existing Bank Lines
  • Higher Interest Rates
  • We have a Simple APP Program….

UCC - Lender Filings

  • Bob before I called you I reviewed some of the different Lender Filings over the last few years.
  • I can see you like to use…… (Name 3 or 4)
  • Are you getting Manufactured Dealer Rates of 0% – 3%?
  • Anything outside of those Dealer Promoted Rates I can get you a better offer in most cases.
  • Bob your last deal was with Huntington Bank. I’m very familiar with Huntington Bank they are a Big Bank? Are you running this deal through them.

Pre-Approval Streamline Financing

  • I can Streamline the Financing for you and get you Pre-Approved for the full amount.
  • What do you think your price point on the Crane will be?
  • I have Simple One Page App.  It take 2 minutes. Is the company address…..
  • Lets get the Pre-Approval and we can work out the terms and get you the rate your looking for.

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