FINANCING USED EQUIPMENT - tanTALK

tropicgirl · 07-20-2004, 12:00 PM

I was wondering if anyone could offer some advice on getting a loan for adding tanning units. I am wanting to add a couple of tanning units and went to the bank for a fairly small loans for used beds. They told me they would not lend money for tanning units and that probably no bank around here would. It had nothing to do with my credit, just the collateral issue. Those of you who buy used equipment, do you have any suggestions on financing? Do you just have to have the cash handy or use credit cards? I dont consider plastic an option and I dont really have the cash right now, you know business in not really banging in July.

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[ This Message was edited by: tropicgirl on 2004-07-20 12:01 ]

sunshinetanningfactory · 07-21-2004, 03:21 PM

That’s a good question. Maybe try posting this in the salon owner’s forum. It may be viewed more. I have been in business for almost one year now. I had the same response from banks. I had one salon owner tell me “welcome to the hardest industry to get financing for”. If that’s true its gonna be a long time until I can open another salon or upgrade beds. Let me now if you have any great response, or good ideas.

SunShine Tanning Factory

CapitalFunding · 07-21-2004, 07:19 PM

Tropicgirl,

Please give me a call. I would love to help you expand your business.

Regards,

Kevin L Stout
Capital Funding Group
(Toll Free) 888.468.5822 Ext.216
(Direct) 425.818.1485
(Fax) 888.689.3041
(Email) kevins@leaseapp.com

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[ This Message was edited by: CapitalFunding on 2004-07-21 19:20 ]

studio 102 · 07-22-2004, 06:07 AM

If you go to the Evans Leasing website, click onto "tanning equipment", they have an ever turning inventory of lease backs. Some GREAT equipment, for sale/lease. If you lease it, they will lease for you, deliver and set-up. You could generally get beds for less than prices stated. Talk to them live. They will come down even more on some beds. WORTH IT!!
www.evansleasing.com

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07-20-2004, 12:00 PM	#1 (permalink)
tropicgirl I love Derf!! Join Date: Jul 13 2003 Location: middle america Posts: 409 Rep Power: 23	I was wondering if anyone could offer some advice on getting a loan for adding tanning units. I am wanting to add a couple of tanning units and went to the bank for a fairly small loans for used beds. They told me they would not lend money for tanning units and that probably no bank around here would. It had nothing to do with my credit, just the collateral issue. Those of you who buy used equipment, do you have any suggestions on financing? Do you just have to have the cash handy or use credit cards? I dont consider plastic an option and I dont really have the cash right now, you know business in not really banging in July. _________________ [ This Message was edited by: tropicgirl on 2004-07-20 12:01 ]

07-21-2004, 03:21 PM	#2 (permalink)
sunshinetanningfactory Join Date: Nov 12 2003 Age: 49 Posts: 58 Rep Power: 0	That’s a good question. Maybe try posting this in the salon owner’s forum. It may be viewed more. I have been in business for almost one year now. I had the same response from banks. I had one salon owner tell me “welcome to the hardest industry to get financing for”. If that’s true its gonna be a long time until I can open another salon or upgrade beds. Let me now if you have any great response, or good ideas. SunShine Tanning Factory

07-21-2004, 07:19 PM	#3 (permalink)
CapitalFunding Join Date: Jul 21 2004 Posts: 30 Rep Power: 0	Tropicgirl, Please give me a call. I would love to help you expand your business. Regards, Kevin L Stout Capital Funding Group (Toll Free) 888.468.5822 Ext.216 (Direct) 425.818.1485 (Fax) 888.689.3041 (Email) kevins@leaseapp.com _________________ [ This Message was edited by: CapitalFunding on 2004-07-21 19:20 ]

07-22-2004, 06:07 AM	#4 (permalink)
studio 102 Waiting Confirmation Join Date: Apr 1 2004 Posts: 413 Rep Power: 0	If you go to the Evans Leasing website, click onto "tanning equipment", they have an ever turning inventory of lease backs. Some GREAT equipment, for sale/lease. If you lease it, they will lease for you, deliver and set-up. You could generally get beds for less than prices stated. Talk to them live. They will come down even more on some beds. WORTH IT!! www.evansleasing.com

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