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Deal of the week

by Newfound Capital Corp in Finance Comments: 0

This week`s featured deal was a customer that had damaged credit.

We were able to get this client approved for financing with good terms and a reasonable down payment. The deal was processed in a timely manner and the client was very happy that we were able to get him financed considering he had been declined at the banks, and the dealership.

 

  • Industry: Construction (Roofing contractor)
  • Credit Score: 550
  • Equipment Funded: One new 2014 Ford F150 Truck
  • Equipment cost:  $49,500
  • Additional Collateral: None required
  • Deposit/Upfront:  15% required
  • Homeowner: No

 

Amount Funded: $49,500
Newfound Capital Corp is a proud member of the Canadian Finance and Leasing Association (CFLA) http://www.cfla-acfl.ca/

Call us today for a free quote on your next lease purchase, or email us at credit@newfoundcapital.ca

Sale Leaseback

by Newfound Capital Corp in Finance Comments: 0

Sale/Leasebacks will allow you to leverage cash from your company without having affected the day to day operations.

The equipment is purchased from you by Newfound Capital Corp at a predetermined value based on the current equipment market value.

Your equipment remains on site with you and its business as usual.