Construction Equipment

Spark Capital was proud to assist a company that need equipment. They just won a job, and needed to expand their fleet of equipment. We provided a $100,000 loan to purchase equipment for their business. Here is the timeline/steps/challenges the deal had faced.

• Client had just won two machines at an auction, they only had 3 days to complete their purchase or they risked losing their deposit that gave the auction company.

• Client called Spark Capital. Our account manger reached out, and emailed a quick application.

• After 2 hours we gave a pre-approval, got 3 months of banks statements.

• After they got approved we sent documents to sign via email. Once signed we sent a wire transfer to the seller.

Here is a breakdown on the terms offered:

• 60 months

• 1 payment down

• $100,000 funded

• $2040.82 per month

Call us anytime of get an instant quote if you want to get the same type of financing.

Spark Capital