|
|
|
|
| Author |
|
|
Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
|
Finance guys, equip lease(back) options
We purchased a large piece of equipment from a private company on a 3 year balloon setup...well three years ago. Anyway, the balloon is due next month.
The balloon is $145k and the equipments used value is $250k with a new price of $400k. I would like to kill two birds with one stone here if I can. I was thinking a lease back for $250k would get me the capital I need to clear a rough patch we've had recently as well as catch up on some (exorbitant)property taxes. Any advice/thoughts?
__________________
Cornpoppin' Pony Soldier |
||
05-04-2006, 10:16 AM
|
|
