How can I keep my heavy construction equipment so that I can continue working, and get a loan based on my poor credit and cash flow problems? You come to Yellow Iron Capital Programs and work with one of our loan officers! We are not a large financial institution that will look at all of your financial records for the last 10 years. What we are interested in is lending you the money you need today, based on how much equity you have in your construction equipment.
It is entirely possible for an asphalt paving contractor to have nearly $1,000,000 in asphalt paving equipment. When a cash crunch hits, and he needs cash immediately, who can he turn to if he has bad credit? Yellow Iron Capital Programs. In as little as 1- 2 weeks, we can have nearly $500,000 cash in his hands, ready for new equipment to finish a big job, pay some back taxes, or get that new work truck he needs.
Categorized in Asset Based Loans, General Information
Commercial Finance is a term that is commonly used to describe asset based lenders. Asset based financing relies on the value of a borrowers collateral to minimize the loan’s credit risk. Asset based lenders are sometimes referred to as secured lenders as well. Yellow Iron Capital has financing programs that are asset based, and can be considered a Commercial Finance entity, or a Secured Lender.
Categorized in General Information, Industry Information
To find out what your tractor or other piece of construction machinery is worth, the best path is to look at the secondary market; the auctions & online market places. An equipment appraiser will be able to give you a good idea of how much your construction machinery is worth, but to really get a clear idea of what others are getting for the same piece of equipment, your best bet is to see how much they are being bought and sold for.
Yellow Iron Capital Programs owns and operates several websites dealing with the buying and selling of heavy construction equipment. Please see our list of Online Properties to find out how much your equipment is worth.
Categorized in Construction Equipment Appraising, General Information
Yellow Iron Capital specializes in construction equipment financing. We can help you get the cash you need today, and keep the equipment that you currently have.
Categorized in General Information
