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Ms. Ford, a former community banker, and her husband, Todd, a former airline pilot, used all of their 401(k) accounts and also took out an equipment loan to start the NoDa Brewing Company in Charlotte, N.C.
Much to our surprise, the equipment company would not agree, and the client had to make the difficult decision to pay off the equipment loan with proceeds from the factoring agreement at a much higher rate and on less favorable terms.
Equipment loan from Signostics.
Zimbabwe also has received a $99 million farm equipment loan from Brazil under the South American country's More Food for Africa initiative.
Your shop needs a new, state-of-the-art oven, so you apply for an equipment loan to help finance the purchase.
Referrals were made to available free or low-cost resources in the catchment area including home-delivered meals, medication assistance programs, medical equipment loan closets, volunteer transportation to medical appointments, volunteer grocery shopping, volunteer home maintenance, friendly visitor, telephone reassurance, and financial assistance programs.
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"We now realize we would not be able to do anything with the land without resources — we would need equipment, loans, which are not there.
This opinion took a more cautious approach, warning against public subsidies that, unlike the equipment loans at issue in the case, "reach the coffers of religious schools".
On May 5th it supported the issuance of $10.6 billion of securities backed by student, car, credit-card, small-business and equipment loans.But do not mistake the bottom for a vigorous rebound.
GE Capital, based in Stamford, Conn., said its commercial equipment finance unit will absorb Safeco Credit, which makes equipment loans to restaurant franchises and transportation, manufacturing, and construction companies and is based in Redmond, Wash.
The TALF, meant to restore lending to auto buyers and businesses, will accept as collateral securities backed by "rental, commercial, and government vehicle fleet leases, and ABS backed by small-ticket equipment, heavy equipment, and agricultural equipment loans and leases," the Fed said Tuesday.
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