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Recent content by Business Banker

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    Oilfield factoring lines of credit

    Factoring is the last options as others stated. Only use factoring if you have bad cash flow or poor credit. Otherwise most lenders can lend up to 50% of your A/Rs.
  2. B

    Expand business with equity from capital assets?

    As others said it is definitely possible. Capital equipment is usually discounted to 50% when used as collateral for lending purposes. If you own multiple machines it should not be hard to facilitate your request. Obviously other variables that will factor into the approval process will be your...
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