A computer leaseback is a loan against computer equipment. For businesses that have free and clear new technology equipment. Assets need to be more than $100,000 in value and also less than 90 days old.
What is required?
Simply provide a list of your company’s most valuable computer electronic equipment.
Invoices may have to be provided. Equipment more than 3 months old may not
be accepted. The most recent 2 years business tax returns may be required along
with Profit & Loss statement. Purchase Invoices may also be required.
Complete the 1 page application, equipment list. Your business will receive a response with in 2 business days. The entire process takes about 5-10 business days or more. Most computer leasebacks are done in the $100,000 and higher range.
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