Use Construction, Excavation and Grading Equipment To Get Working Capital

LOS ANGELES - May 23, 2016 - PRLog -- VMI LLC offers an equipment refinancing program for construction companies to get working capital using their heavy equipment as collateral. These working capital loans are secured by free and clear construction equipment. This is especially helpful for business owners who have been turned down by traditional banks because of bad credit or other strict lending criteria.

Under this program, application only loans are available up to $400,000. That means, in most cases, a borrower can receive up to $400,000 in working capital by only completing an application and equipment list. Approvals are achieved in 24 hours. Funding occurs within days, not months.

Construction equipment refinancing is available for excavators, loaders, dozers, cranes, backhoes, graders, scrapers, skid steers, trucks, trailers, forklifts, agricultural equipment, farming equipment plus much more.

Some of the accepted brands of heavy equipment are Deere, Caterpillar, Kenworth, Peterbilt, Case, Komatsu, Hitachi, Volvo, JCB, New Holland, Grove, Terex, Kubota and Freightliner just to name a few.

Loans against equipment are available in many industries such as construction, excavation, hauling, mining, demolition, trucking and grading.

Using construction equipment as collateral is a way for construction companies to get the working capital they need to fulfill projects, make payroll, take care of outstanding invoices and purchase supplies.

According to Skylar Marshall, Communications Specialist, "Our application only program is geared towards construction companies with bad credit that need a helping hand to get some working capital quickly. Equipment is the biggest asset that these companies have and we use that to secure the loan. We will not discount an application based solely on credit because credit problems can happen to good people too."


To find out more about using construction equipment as collateral for a working capital loan, go to http://www.FinanceHeavyEquipment.com or call (310) 929-2300.


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.