Equipment Sale Leaseback
I'm looking for a home for a deal. I have three trucks to be used as collateral in a sale leaseback. Driver looking for capital to buy another trailer and get his own authority to expand his business.
Particulars aside, are there any lenders here doing this kind of deal?
Or can anyone refer me to a lender doing this kind of deal?
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Why do that and not just finance his new truck....what am I missing here? I have a guy who can do that but it depends on the trucks he currently owns. You will need condition reports.
Tony Borchello
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Steve Benjamin
Professional Business Loans
Irvine, CA 92620
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