Refinance Construction Equipment To Get Working Capital

April 9, 2012 - PRLog -- Many construction, excavation and demolition companies are strapped for cash and have damaged credit so they don't qualify for traditional bank loans. This leaves them with very few choices. However, VMI LLC, a bad credit heavy equipment lender, provides a program in which these companies can refinance construction equipment to get working capital for their businesses.  The heavy equipment is used as collateral to secure a loan. The amount of the loan depends upon the value of the equipment. Under this program, VMI will consider heavy equipment such as bulldozers, graders, excavators, cranes, tractors, loaders, scrapers, forklifts, steers and dump trucks. The key part of this program is that the equipment qualifies for the loan, not credit.

There are two main benefits to refinancing construction equipment. First, by refinancing construction equipment, there is a cash infusion into the business that can be used for any business purpose such as working capital, make payroll, purchase supplies, pay subcontractors or complete and start projects. Second, with a construction equipment refinance, the equipment stays with the business so projects can still be completed. There is no transfer of the equipment so there is no disturbance with the business. This program has been proven to be a win-win for construction companies looking for working capital.

To find out more information on how to refinance construction equipment as a way to get working capital, go to http://www.FinanceHeavyEquipment.com or call toll free to 1-888-838-1945.

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About VMI LLC:
VMI LLC is a bad credit construction equipment lender that provides equipment equity loans on tractors, bulldozers, cranes, graders, excavators, loaders, backhoes, scrapers, forklifts and steers. The equipment qualifies for the loan, not the credit of the applicant. Funds can be used for working capital, inventory, completion of projects. Receive funds within days. $50,000 up to $1 Million. To find how to obtain an equipment loan or how to refinance construction equipment, go to http://www.FinanceHeavyEquipment.com or call 1-888-838-1945.