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How Collateral Value Can Influence Your Loan Interest Rate

August 11, 2022 By Engs Commercial Finance

Wood working tools financing

A lot of people don’t realize just how many different factors go into determining financing rates related to items like printing presses, vertical mills, industrial planers and other types of commercial industrial equipment. The business and owner’s/guarantor’s credit score plays a role in determining your rates, yes – but that’s just one small part of […]

Filed Under: Blog, Industrial Tagged With: machine tool financing, wood working tools, woodworking tools

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