Washington Credit & Equity provides all forms of commercial financing.
Term Loans: 100% financing is often provided for equipment financing (both fixed and floating).
Equipment Leasing: Capital, TRAC and Operating leases are also available (usually with 100% financing as well).
Commercial Vehicle (Small-ticket) Financing: Select types of vehicles are eligible to seek financing approval, solely on the basis of a two page application (for transactions less than or equal to $150,000).
Lines of Credit: When more aggressive advance rates are needed for a commercial project, 80 to 90% of receivables and 50 to 60% of inventory are often advanced.
Usually, financing proposed by Washington Credit & Equity does NOT contain loan covenants and the equipment financing is often times free of loan fees.
Commercial Real Estate Financing: Hotels, apartment complexes, industrial buildings, and owner-occupied commercial real estate are also eligible for commercial financing. Fully amortized loans, with loan terms up to 25 years (with an LTV up to 90%) are possible.