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There are several ways - all that lead to equipment lenders and leasors. Think about this. You can either use that collateral to secure funding or sale that equipment to and equipment lender then lease it back (just a paper transaction - you don't have to take the equipment to the lender).
Most non-bank equipment lenders put much less emphasis on credit than banks do. Plus, since equipment lending is their primary business - you will get a better deal through them.
We list several resources on our website that can help - just look for the equipment tab on the top of the home page.
Businesss Money Today
we are in a similar situation, we have a property that is paid in full and would like to obtain a loan to build a car wash on.
the property value is around $450.000. I would appreciate any advice you guys might have (SBA??)