Commercial Vehicle Financing & Vehicle Title Loans

Commercial vehicles are necessary for the smooth operations of many businesses. Examples of companies that may need business vehicle loans are limousine businesses, taxi companies, caterers, auto rental companies, construction companies, HVAC repair companies, pest control organizations and the like. Such companies like to have uniform fleets of vehicles that they can provide to their most trusted employees. Vehicle and equipment finance options are available through various mediums, such as the Halo Capital Group.

The Halo Capital Group can help you get the funds you need. We are network of lenders and investors that use an streamlined application process to get you funded quickly and easily. To learn more, fill out the form to the right and someone will get back to you within a few hours to discuss your loan options.

Understanding Commercial Vehicle Financing

Getting vehicle finance for your business starts with developing a game plan. The lender will need to know the number of vehicles your company wishes to attain with their commercial vehicle financing solutions. Next, the business owner will want to know if the your company can earn enough profits to repay the loan. You as the business owner should research various aspects of the lending process. The first aspect that you should study is the commercial vehicle loan interest rate. There are many factors that affect the interest rate, such as the business’s credit profile. As a general rule, businesses that have established a positive credit profile over the years are likely to have lower interest rates than businesses that have a poor credit history. But it depends on the lender. Many alternative lending institutions turn a blind eye to a business’ credit score. Instead they look at things like a steady, healthy cash flow.

Another element that affects the interest rate of a business vehicle loan is the down payment. The business owner will want to have a reasonable down payment to offer the company that will be providing the commercial vehicles loan. The interest rate will typically go down as the person raises the amount of the down payment. Commercial vehicle loans are more easy to obtain if the business owner is willing to risk a large down payment. Large down payments make lenders feel much more comfortable in their choice to extend an advance, since borrowers will have more “skin in the game.”

Title Loans

Commercial vehicle title advances are completely different than business van loans and business vehicle finance. Business owners take commercial van loans so that they can obtain vans for the business. On the other hand, commercial vehicle title loans are options for business owners who want to borrow money by using the title to a commercial vehicle. For example, a business owner may want to borrow $10,000 for office equipment off the value of a semi-truck. For a title loan, the business owner would have to agree to allow the lender to place a lien on the commercial vehicle until he or she repays the advance.

Commercial Van & Vehicle Financing: The Process

Commercial van loans have a simple process. The business owner first completes an application for commercial van finance, and then has to present relevant documents to the lender, such as FICO scores and proof of collateral. Some lenders provide loans to people who have bankruptcies, poor credit, tax liens, low credit scores and the like. Such lending companies may or may not use a collateral system. Collateral is an item that a lender can hold when it issues vehicle equipment finance solutions to it’s borrowers. In this type of agreement, the lender will then release the lien when the borrower repays the funds obtained.

Using Small Business Vehicle Finance to Grow Your Company

Business van finance and commercial vehicle loans can help a company to get on its feet and service its customers. Commercial vehicle finance places the necessary equipment in a business’s hands so that it can provide the services and accommodations it describes in its plan. In businesses where vehicles are an integral part of a growing customer base, having access to capital is vital to success.

Commercial Vehicle Loan Interest Rate

A small business vehicle loan can have a reasonable interest rate if the borrower works with a reasonable provider. Rates are negotiable, and a lender can change them if the borrower meets certain criteria.

Using a Commercial Vehicle Loan Calculator

A helpful tool that the prospective borrower will want to use is a business vehicle finance calculator. The tool will tell a prospective buyer a monthly payment amount after the person enters pertinent information about their loan package. The person will want to type in the amount of the down payment, the number of months the loan carries and any other information that may be relevant. A loan calculator can help a prospective borrower to see the terms of his or her financial agreement before it becomes final. Visitors can enter the numbers in the calculator and view the projected monthly payment from there.

Vehicle and Equipment Financing

Vehicle and equipment finance options are available through Halo Capital. We pride ourselves on providing vehicle finance solutions with competitive rates and flexible terms for business ventures. To see how much money your business qualifies for, fill out the form to the right and someone will get back to you within a few hours to discuss your financing options.

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Finance Your Business with Commercial Equipment Loans

Many businesses need about five or six essential items to succeed and compete with other businesses and equipment is one of them. Unfortunately, the cost of equipment can be astronomical for some industries. That’s where business equipment advances come in to play. A new or established business can obtain a business equipment loan using a number of strategies. The following contains some information about some of these strategies. If you would like to apply for business equipment financing, fill out our simple form to the right and a representative will be in touch to discuss your options.

How to Get Approved for Commercial Equipment Finance

A business equipment loan is a form of collateralized funding that can cover a business’ operational equipment costs. Commercial equipment financing can cover a wide variety of items such as restaurant ovens, construction equipment, computers, tables, chairs and more. It can help a business to get on its feet until the owners can return the loan proceeds. If you are a new business, you may have to meet certain criteria before you apply for a business equipment finance solution. First and foremost, you may need a clear vision as presented in a business plan before you can obtain approval. If you are an existing business however, it will be much easier to get funded if you have a track record of success.

How Much Business Equipment Financing Do You Qualify For?

Most existing businesses can qualify for equipment financing. Potential lenders will typically review several aspects before they make a decision on how much you qualify for. The first factor that they will take into effect is the company’s credit score. If a prospective borrower has a bad credit score, they will have to prove that it can earn enough money to repay an advance and make additional profits. Another factor they will look at is the history of your business – how long you’ve been operating, how profitable you are, and whether you have any current debts. The third factor they look at is the value of the equipment you’re looking for purchase.

Equipment Financing for Startup Businesses

Small business equipment loans for startups require a well thought out business plan. A business plan is a computerized or blueprinted projection of profits that will work their way into the business during a two-year period in most cases. The prospective lender will consider other factors such as the company’s assets, liabilities, accounts receivable and the like. They will also consider down payment options before they make a decision on a small business equipment loan for your startup company.

Industrial Equipment Financing and Other Types

Many different types of vendor equipment financing options exist. Industrial equipment financing is necessary for construction workers and other organizations. Computer equipment financing is for companies such as call centers that need to have all-day access to a fleet of computers. This type of financing may also be necessary for a schools and institutions.

Financing for Computer & Technology (IT) Equipment

Technology equipment financing is for companies that rely on hardware and software to run their operations. For example, a computer store needs computer equipment to operate and in many cases, can’t afford the up-front cost. This is where financing options would come into playl. If you are in need of IT equipment financing and don’t know where to start, we can help.

Amounts for Vendor Equipment Financing

A lender’s limits for issuing equipment loans for small businesses vary according to the industry. For example, IT equipment finance may not be as generous as construction equipment finance. Typically, a lender will offer business equipment financing in the millions of dollars for the right company. Financing limits would depend on the applicant’s resources. A business can receive substantial business equipment funding if it is willing to provide additional collateral.

How to Get Equipment Funding for Small Business

A prospective business owner will want to contact Halo Capital to find out which options are available for equipment funding for their small business. We can provide funding solutions for a wide variety of business needs. To learn more, fill out the form to the right and someone will get back to you within a few hours to discuss your options.

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Office Building Loan & Financing Program

 Although office building financing can be time consuming, confusing and frustrating, many times it’s as simple as establishing a relationship with a reputable financial institution to get you started toward acquiring the capital you need. The Halo Capital Group can step in and help you in this process. We are network of lenders and investors that use an efficient application process to get you funded quickly, with the most competitive rates and flexible terms in the industry. To learn more, fill out the form to the right and someone will get back to you.

Is It Right For Me?

If people want to grow their business, loans for office buildings might be right for them. Some of the scenarios that make these loans perfect to obtain include the following.

• Developing office buildings for commercial use
• Investing in commercial properties
• Purchasing office space or buildings to do business
• Extending a current work space

Eligible Property Types

Class C, B and A urban and suburban office buildings and medical and professional office buildings are eligible for this type of financing. Aside from that, single tenant office buildings that have long term leases and are located in strong markets are also eligible for these loan programs.

Debt Service Coverage Ratio

Loans for office buildings have a minimum DSCR of 1.25:1. Asset qualities such as tenant mix, physical condition, age and competitive market position are important considerations in determining the DSCR that is applicable.

How It Works

Usually, office building financing will allow for a 20 year, 15 year or 30-year repayment term with either a variable or fixed interest rate. Even though fixed rate loans are very popular, a variable rate keeps the payments much lower. Additionally, some office building loans allow the use of government financing and other third party assistance.

The resources that are allowed depend on the kind of business run in the office being financed. The ratio of the loan is usually assessed at 60 to 75 percent, and it can be up to 90 percent for SBA loans as long as the office is more than 50 percent owner occupied. In many cases, a number of options are available for prepayment terms should the owner deem it necessary. This is especially beneficial if they want to save on interest over the life of the loan.

Loan Escrows

With an office building loan, the borrower will usually contribute monthly to an escrow account for property insurance and real estate taxes. They will also create a rollover monthly reserve escrow for expenses involved with leasing commissions and tenant improvements along with a monthly escrow reserve that is equal to the amount needed for site inspections and engineering reports.

The Advantages

• Monthly Interest-only Payments

Loan designed for office buildings consist of two steps. The first step will pay for the construction, acquisition, or refinancing of the office building. The money is withdrawn on as as-needed basis, and interest-only payments are made to the lender.

After the project is complete, the loan’s balance becomes payable. Another loan for office buildings is taken out in order to pay for the balance of the first loan. The advantage for the loan borrower is that they can make lower payments during the office building’s construction.

• Set Interest Rate

Another advantage is that this type of loan has a set interest rate. This is because the same lender is used for the permanent parts of the loan and the building’s construction. It offers interest-only payments during the construction of the office building. Once the construction has finished, it modifies to a permanent loan automatically.

The lending company can offer a set interest due to the assurance that the client will continue to utilize their mortgage service. The advantage is that the borrower keeps the same interest rate both parts of the loan rather than risking that it will increase between the beginning of building and its completion.

• No Initial Payments

Unlike other loans, there are no initial payments on loans for office buildings. People will not have to make any payments during the construction period. This is because it automatically transitions to a permanent loan. The permanent loan will finance the interest payments.
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Loan Types

• Merchant Cash Advance
• Commercial Real Estate Financing
• Multifamily Apartment Loans
• Acquisition Loans
• Unsecured Business Loans
• Commercial Construction Loans
• Loans for Hospitality Industry
• Agriculture Loans
• Professional Loans
• Loans for Bad Credit
• Bridge Loans
• Equity Based Loans
• Mezzanine Financing
• Note Based Financing
• Account Receivable Factoring
• Lines of Credit
• Equipment Loans
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Rates & Terms

• Loans from $20,000 to $10,000,000+
• Rates: starting at 5%
• Term: 12-60 months (flexible)
• Quick Closing: within 1 day

Asset Classes

• Land & Lot
• Multi-family & Mixed Use
• Senior Housing
• Office/Medical Office
• Mobile Home Parks
• Storage Facilities
• Hotels, Resorts, Casinos
• Parking garages
• Industrial
• Restaurants/Nightclubs
• And More!

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Tractor Trailer Loan & Semi Truck Financing Program

Tractor trailer financing is crucial to a large number of businesses scattered all across the nation. Since the cost of purchasing a semi runs in the tens of thousands of dollars or higher, most truckers must rely on semi truck financing companies to help them acquire and maintain the very best equipment and stay competitive in the modern trucking industry.

Guaranteed Financing Solutions Nationwide

We offer guaranteed truck financing on a nationwide basis. We do not limit semi truck finance opportunities based on whether your business is new or old, on whether or not you own a home, or on your possession of a CDL. We do not let tax liens or bankruptcy in your past keep you from getting the loan. At Halo Capital, we know how to find a way to finance your new or used semi regardless of who you are or what financial troubles you may have had in the past.

Low Semi Truck Financing Rates

Semi truck financing rates can vary greatly depending a wide variety of factors, including total vehicle price, vehicle age and condition, reputation of the trucking company or individual, and the current market situation. Our semi truck loan rates are always kept as low as possible, and we are always willing to work with you to find a way to get you the loan.

18 Wheeler Financing for Truckers

While it is sometimes easier to find a loan provider for smaller commercial trucks, 18 wheeler financing can be more difficult to obtain. Since the stakes are higher on the highest-priced vehicles on the road, many financing companies become extremely slow and stringent and offer unfair loan terms. We, however, give you fast and affordable 18 wheeler truck financing with terms that are built to fit your particular needs.

No Money Down Truck Financing

When your business is in a tight spot and you need a truck or truck repair in short space of time, it may not always be practical to put forward a large down payment. For this reason, unlike many of our competitors, we frequently require no money down on your trucking loans. In many cases, simply making the first payment will be enough to secure the loan.

Tractor Trailer Financing for Bad Credit

While a good deal on tractor trailer financing for bad credit applicants is sometimes elusive, we at Halo Capital offer credit solutions that work for every credit score. Some companies adhere to a minimum credit score before they will do business with you, but we understand that circumstances beyond your control can affect your credit rating and that what happened in years past need not be a forecast of the future. Therefore, we provide bad credit tractor trailer financing on a wide variety of tractor trailer loans. We make it possible for you to keep your wheels on the road and your business running strong.

Financing a Used Semi Truck

If financing a new semi carries the risk of a higher investment, used semi truck loans carry the risk of undiscovered mechanical problems and an uncertain rate of depreciation. This scares some financiers away from used truck loans or motivates them to highly restrict them. We, however, understand that a new truck purchase is not always necessary nor practical and, therefore, provide affordable used-truck loans to our clients. We can arrange for an inspection of the truck and utilize a fair and accurate depreciation schedule to determine the exact terms of the loan. We also offer you semi truck repair financing to get your business back up and running fast following major break-downs.

The Benefit of An Easy to Use Semi Truck Financing Calculator

It can often be very helpful to use a semi truck finance calculator that is simple, fast, and accurate. It gives you an instant estimate of your interest rate, payment amounts, sales tax, and other pertinent data. By using a convenient financing calculator, you can quickly assess your options and make a wise and informed decision.

Doing Business With the Right Truck Financing Companies

With untold thousands of fleet operators and independent truckers constantly on the lookout for a semi truck loan, it is not surprising that semi truck financing companies abound. All semi truck finance companies, however, are not equally helpful to those in need of semi truck loans. Finding a fast, fair, and honest truck-loan financier is not always easy, but doing business with the right people is the most critical factor to be concerned about when seeking semi truck loans.

Conclusion

Halo Capital Group makes financing a tractor trailer possible for those with less than perfect credit. We cater to trucking companies both large and small, new and old, and of every description. Our goal is to make it as fast, simple, and affordable as possible for you to get the loan you need to keep your trucking enterprise both in business and optimally profitable.

For more info about our real estate loans, see this page.

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Marina Financing & Loan Program

Marina Loans – What You Need to Know

With the recent restriction on all types of federal lending programs, it is even harder for businesses and individuals alike to seek loans and refinancing options for large projects – a factor that heavily influences marina projects. If you are looking to purchase a marina or already own one and are investigating refinancing options, though, Halo Capital can help. We offer a variety of marina loans and financing options that are competitive and flexible. We even work with individuals with special financial considerations to extend the opportunity of purchasing marina capital and property to all interested parties. Consider the financing options today and take a step toward your future.

The Problem with Traditional Financing

If you have begun your search for marina loans, you may have looked at traditional funding options and gotten road blocked. The issue with traditional financing options related to marina financing is that lenders have resorted to traditional lending criteria. While this option works for some with the needed cash flow to secure a traditional loan, it often limits the business development for many. If you have exhausted the traditional financing options, it’s time to explore additional marina finance options, such as those offered through Halo Capital.

Marina Financing

Securing financing through traditional bank options is almost impossible, but when you work with Halo Capital, we provide you with unheard of possibilities. We work with a variety of capital sources to procure financing options at reasonable rates and terms for all of our clients. Just because you are making a large purchase doesn’t mean you have to have a high interest rate. Our team is comprised of experienced individuals who know how to offer you the best financing options and capital interest.

Marina Loan Project Options

We work with a variety of individuals looking for different marina funding options. You may be looking to purchase a new marina, reconstruct an existing structure, or refinance to invest in new equipment or buildings. We can help you with all of these project options and more. If you have the idea and the location, we can help you attain the financing and capital necessary to complete the project.

To best meet your needs, we also take a look at your desired business plan and personal goals. With this information, we are better able to meet your needs and help you determine the best type of marina loan for you.

Marina Funding Programs Available

When you begin looking for funding options, you should know that there are a number of programs available, depending on your intended project. We can help you secure funding for marina acquisition, refinancing, equipment, and marina capital.

There are two main types of marina finance programs available – acquisition and refinance. Acquisition loans are designed to enable individuals to purchase new properties and develop them for business. Refinance options allow individuals to reformat an existing loan to gain additional funding for construction, equipment, and other necessary financial developments.

The Halo Capital Difference

Acquiring any type of loan or funding can take time, but especially when it deals with a business development like a marina. Purchasing or refinancing a marina involves added steps to achieve loan approval and ascertain the property. When you are seeking to complete such a process, you need to be working with someone you can trust, who has your best interests in mind, and who knows how to effectively capture a financing deals for large projects like marinas. Halo Capital has the experience and the capability to be and do all of that.

It is our goal to offer each of our clients the same level of customer service as well as the same degree of professionalism. We aim to provide:

– personal service.
– individualized financing solutions.
– expedient loan services.

Working with the right lending company is just as important as finding the right property for purchase. Contact Halo Capital today to get the ball rolling (or should we say the boat gliding) on your next project.

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Unsecured Business Loans with No Collateral or Credit Check

Are you sick and tired of the strict qualifications banks and private lenders place on small business loans? Many institutions ask business owners for tens of thousands of dollars worth of personal collateral in order to qualify. Unfortunately, many companies simply don’t have these assets and as a result, are shut out from fairly priced capital. Halo Capital simplifies the process by providing unsecured business loans with no collateral, no credit check, minimal paper work and quick approvals. We are able to make these loans by taking a different approach from most other loan providers. Instead of basing our evaluations on things like your credit score & your personal assets, we look at the revenue your company generates to determine how much money you are eligible for. We can provide anywhere from 10K – 2 million for your business. There are restrictions on how you can use your loan. If you’re looking for a quick, hassle-free way of getting financed in a matter of days, then fill out the form on the right and a lender within our program will call with information on how much your business can receive.

About the Financing Program

Due to recent government programs and Federal incentives, businesses can now qualify to receive loans between $10,000 – 2 Million without the use of personal guarantees, personal information or assets as collateral.

This is a free service that does not require any personal information since the loan is based on annual revenue of your business. This is a non-restrictive loan, allowing you the ability to spend the full amount of the loan any way you deem necessary for your business such as paying off or consolidating debt, hiring more employees, marketing or any other means you as the business owner feels necessary.

While this program is not a federal-based program, it is a benefit of the programs the government has provided that allows businesses such as yourself to qualify. We do want to stress that this is a free service and no personal information will be required.

Please ensure that you either meet or exceed the conditions to qualify as listed below. If you do meet those qualifications and complete the form to the right, a lender within our program will call with details of the unsecured business loans including terms and rates you qualify to receive.

Protect Your Personal Assets With An Uncollateralized Business Loan.

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Hotel Loans & Finance Solutions

Do you own a hotel, motel, or bed & breakfast and is in need of some extra funding to give your business the boost it deserves? Our hotel financing program can help out any hotelier who needs capital quickly, without having to go through the long waiting process typically involved with traditional bank loans. Instead of looking at your credit score, we evaluate the amount of cash flow in your business to determine how much you are eligible for. This is a much stronger indicator of your company’s financial health. We provide anywhere from $10,000 to $2,000,000+ depending on your qualifications, and can get you a hotel loan in just a few days with no collateral. Whether your funding goals are driven by a purchase, a refinance, or construction, our program will give you the extra funds you need to grow your hotel business. Fill out the form to the right to get started

Reputable Hotel Lenders with Industry Experience

Obtaining hotel financing is much different than securing a traditional home mortgage. Many of the same factors need to be considered; however, additional factors such as the real estate market itself, the economy, tourism in the area, and several others are also key considerations. Hotel lenders even consider whether the hotel is a flagged or franchised hotel or a non-flagged independent property before offering financing. If you are in the market to finance hotel, consider all of the factors before signing on the dotted line for your hotel mortgage.

Is Hotel Finance Similar to a Regular Mortgage?

If you are new to the business world or even just purchasing one of your first hotels, you may not be aware of the significant differences between hotel financing and a regular loan or financing option. The goal with securing funding for a hotel is to establish capital in your business. Being that this capital is necessary upfront, many business people have to secure hotel loans to be able to make the purchase outright.

This side of the process is not unlike a typical purchase. The difference comes when hotel lenders evaluate the financial requirements prior to approving a loan. Because you must prove the property’s ability to produce revenue, you must provide additional paperwork and work through additional steps before being approved for a hotel loan. A qualified lender will help you through this process and can assist you much in the same way a lender would with a traditional mortgage.

What Are the Specifics of Hotel Mortgages?

As you look to finance a hotel purchase, you need to be aware of the specific parameters involved with hotel mortgages. A qualified lender will guide you through the process and help you identify all of the specifics you need to successfully obtain hotel funding as quickly and easily as possible.

Depending on the purpose for your hotel loan, whether it is to purchase an existing property, build a new hotel, remodel a dated property, or even to complete hotel refinancing, you’ll need to consider a number of factors. In any case, when looking for hotel finance, you need to be aware of the types of loan products available to you, hotel mortgage rates, stability of the project itself, potential for return on the property, existing hotel equity, and even post-opening costs. Working with a well-established hotel lender can help you take the guesswork out of the process no matter what type of project you are completing.

What Finance Hotel Options Are Available?

Another consideration you’ll need to make when looking for lending options is the type of loans for which your project qualifies. Most borrowers benefit from considering all types of hotel lending options, a process that can be daunting without the assistance of a qualified hotel lending professional. The types of lending options available to most borrowers include:

Conventional Loans – This type of loan is typically offered by a community, regional, or national bank or some non-bank lending agencies. Because conventional loans are not backed by a third party, the credit standards are typically highest for this type of loan and may include higher hotel mortgage rates.

SBA Loan – A small business loan or SBA is offered by the Small Business Administration and typically 75% of the loan is backed by the federal government.

Asset Based Loans – Asset based lines of credit are offered to hotels that can secure financing based on existing assets, such as accounts receivable, existing hotel equity, or established real estate.

Unsecured Credit – This type of loan requires a high level of personal financial aptitude as well as strong cash flow in the business as unsecured credit is not backed by any type of collateral.

Merchant Cash Advance – A merchant cash advance is based on credit card receivables in which the merchant cash provider extends a loan to the hotel based on historical credit card sales.

Seller Financing – In some cases, buyers are able to arrange hotel funding through the hotel seller. This type of loan is negotiated between the buyer and seller.

Whether you are looking for hotel refinancing options or initial purchase hotel loans, the process can be complicated without a supportive and capable hotel lender. We can connect you to that capable lender and make sure that your vision becomes your business.

Let us help you with your hotel mortgage needs. Complete the information form, and we will respond that same business day.

 

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