Best equipment financing companies and providers Denver? When you choose to lease the equipment necessary to run your business, you can take advantage of the following key benefits Low monthly repayment options; Elimination of old or malfunctioning equipment; Increase cash flow for other business aspects; Tax advantages for the business; Approval of application in one to five days. Types of Programs: There are three equipment leasing program options for your business to fall under. Each one is for different industries in order to meet specific needs. The details of each are as follows: Governmental program: This program works for government entities such as libraries, police stations, armed services, fire stations and even schools. Due to the nature of the business, Aspen Commercial Lending can guarantee approval for municipal and government bodies.
Adjusted Net Asset Method. An asset-based valuation is very straightforward as long as your balance sheet is in order. All you have to do is add up the value of your business’s assets and subtract the liabilities to get a starting value. This method is best for companies that don’t have a lot of earnings or is losing money. Capitalization of Cash Flow Method. To calculate your business value using this method, you will divide the cash flow from a specific period by the capitalization rate. The capitalization rate of a business is the expected rate of return, which is the rate of return a buyer can expect to earn if they purchase a company. This method is best for valuing mature and stable businesses unlikely to see big swings in the cash flow.
If your company has less than perfect credit, you may want to consider looking into a hard money loan instead of a conventional mortgage. Hard money loans depend mostly on the value of the property, and not on the borrower’s creditworthiness. Typically, the property itself secures the loan, ensuring there’s enough equity to pay the debt back in the case of defaulting on the loan. However, hard money loans sometimes come with associated fees that can drive up their overall cost for you. Discover additional info at Equipment Financing.
If your business struggles to obtain financing for presold or finished goods, you’re not alone. At Aspen Commercial Lending, we recognized a need for loans for these types of products and vowed to offer a solution, which we now do via the form of purchase order financing. Whether your business imports, exports, resells or distributes, if you need money to pay your suppliers and increase your output, we’re ready to help. Our financing team at Aspen Commercial Lending is skilled in the production of loans for works in progress and in obtaining lines of credit for domestic trade purchases and import and export transactions. Whether your business is a startup, lacks access to capital or experiences poor cashflow, we’re willing and able to help.
If your business owns or is looking to own commercial property, then you need commercial real estate financing from Aspen Commercial Lending. Whether you have a commercial property at home or abroad, we have the loan your business needs. A loan from Aspen Commercial Lending is about more than just the money you receive for your project. You also receive a slew of benefits related to the financing available. Each funding option has different requirements, funding limits and benefits. That being said, some of the benefits you may receive include the following: Funds from $5,000,000 to $22,000,000,000 plus depending on type of loan, Interest-only and full amortization, Low, fixed rates, Non-recourse and recourse options , LTV up to 100%, For use on a variety of properties, Lengthy terms up to 25 years. Read more details at https://aspencommerciallending.com/.