Construction Companies Use Equipment For Working Capital

April 23, 2012 - PRLog -- Many construction companies are dealing with poor cash flow and damaged credit. This prevents them from qualifying for traditional loans when they need it the most. As a result, they have to seek out alternative ways to raise working capital.

One way to raise working capital is through a collateral based loan using construction equipment.  VMI LLC offers a program using construction equipment as collateral to obtain working capital. Most businesses qualify for this working capital loan because the equipment qualifies for the working capital loan, not credit. All types of heavy equipment are considered such as graders, loaders, excavators, tractors, cranes, bulldozers, trailers, dump trucks.  Acceptable manufacturers are John Deere, Caterpillar, Case, Komatsu, Hitachi, New Holland and Volvo. Collateral based loans range from $50,000 up to $2 Million.

The working capital can be used to pay off tax liens in addition to servicing payroll, procuring supplies and inventory, completing projects or paying subcontractors. This program is perfect for construction companies that need cash but can't get it. No longer do construction companies have to let cash flow problems bring their businesses to a screeching halt. Using construction equipment for a collateral based loan to obtain working capital is the best way to keep the business alive.

Skylar Marshall, Communications Specialist for VMI LLC, noted "Using construction equipment for collateral based loans is the best financing option for construction companies today. We provide alternative financing options to an industry that has few funding choices especially in this economy. We are funding just as many $600,000 deals as we are $60,000 ones. The uniqueness of this program is what sets VMI apart from traditional financing. VMI provides a nonbankable source of funds to businesses that need it the most."

To learn more about using construction equipment for collateral based loans to obtain working capital, please visit VMI LLC at http://www.FinanceHeavyEquipment.com  or call 1-888-838-1945.


About VMI LLC:
VMI LLC provides secured construction equipment financing for companies that need working capital.  Construction equipment funding is available for tractors, excavators, bulldozers, loaders, graders, scrapers, dump trucks, cranes, forklifts, backhoes, steers and other heavy equipment.  Equipment equity loans are approved based on the equipment, not credit.