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Veterinary and Veterinarian, New and Used, Machine, Equipment Financing and Leasing, Application Only and Full Documentation Programs

By: J.M Luna


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Veterinary, veterinarian, new and used, machinery, equipment leasing is still on hand in today's present-day day’s financial markets. In this article, we are going to address some application only programs that are available up to $125,000 and complete documentation packages up to $250,000.

In now’s market, numerous banks have either run out of money to lend or must liquidate their off lease inventories to generate working capital. In addition, some financial institutions are no longer in business due to these demanding economic times.
This economic crisis has affected everyone including banks and banks. The available programs described here include you finding your own veterinary and veterinarian equipment and bringing it to a conventional financial institution for lending

The qualifications. for application only programs up to $125,000 are the following:

“A” Credit requires the following: Up to $125,000
• 5 years TIB time in business under present ownership
• 700+ credit score
”B” Credit requires the following: Up to $75,000
• 0-3+ years TIB time in business under existing ownership
• 650-700 credit score
The rates on A and B paper will be slightly different

Also, a filled out lease application dated and signed by the owners and summary page of the last three months business bank statements will get the doctor, dentist, physician lending process started.

A copy of an invoice, purchase order etc would be essential from the qualified dealer. Furthermore, other information might be essential but this is taken on a case by case basis.

For lending up to $250,000, these are the following requirements:
• 5 years TIB time in business under present-day ownership
• Full Financial Package is essential will ALL applications • 675+ credit score
• Low 5 Average bank balance with no NSF’s or Overdrafts

Also, the details of this veterinary, veterinarian financing program is listed beneath if a Corporation of any kind

1. 2 current years corporate tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Last 2 years profit & loss statements
3. Last 2 years keep steady sheets
4. Year to date profit & loss statements
5. Year to date balance sheets
6. 2 current years personal tax returns for ALL owners (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
7. Current signed and dated personal leasing statements for ALL owners 8. COMPLETE application with ALL owners information and signatures

(if a Sole. Prop.)
1. 2 current years personal tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Current signed and dated personal financing statements
3. Last 2 years profit & loss statements
4.. Last 2 years balance sheets
5. Year to date profit & loss statements
6. Year to date balance sheets
7. COMPLETE application with ALL owners information and signatures

Once again, a signed and dated lease application would be obligatory to get the financing process started. A copy of an invoice, purchase order etc would be required from the qualified dealer. In addition, other information be might be necessary but this is taken on a case by case basis.

This application only and full documentatio program would apply to following types of healthcare professionals:

Cardiologists, Radiologists, Dentists, Doctors, Physicians, Urologists, Veterinarians, Surgeons, Physical Therapists, Neurosurgeons, OB/Gyns, Oncologists, Physical Therapists, Plastic Surgeons, Oral Surgeons, Proctologists, Oral Surgeons, Family Doctors, All MD’s, Cardiovascular Surgeons, etc

Also, the types of medical and hospital equipment that would qualify under this application only and full documentation lending programs would be:

X Ray equipment, Bone Imaging, Cat Scans, Cardiac Monitors, MRI and Imaging equipment, Lasers and Monitors, Ultrasound equipment, Radiology equipment, Surgical tables and lights, anesthesia machines and vaporisers, microscopes, additional types of medical equipment etc

In these difficult economic times, there is still conventional leasing available for the qualified veterinary and veterinarian applicant.

Happy hunting for your veterinary and veternarian, machine, equipment purchase and its related leasing..

Article Source: http://depositarticles.com/

J.M Luna has over thirty years experience in the financial field. This includes financing, leasing, hard asset money and commercial lending. U.S Corporate Capital Leasing assists the start up and seasoned businesses for all its veterinarian financing needs. www.cclgequipmentleasing.com/lease_medical.htm www.cclgequipmentleasing.com

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