Asset finance - equipment sale & leaseback terms required

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  • Proposals: 3
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  • #31462
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Rav G.
Henry Y.
Permjit S. have already sent a proposal.
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Experience Level: Intermediate
Searching for sale and lease back arrangement in respect of 3 plastic injection moulding machines one with automation cell. Purchased in 2001/02 and low hours of useage from 7,000 to highest at 21,500 hours. Purchase prices at £31,000, £30,000 & £44,000.
All serviced and in \"clean\" environment. Company will pass credit tests - have to date.
One bank offer value equipment at forced sale value of £20K, and 36 months at 19%.
Ideally seeking higher offer valuation - new prices are still at our initial purchase prices, in order to raise additional funds for business.
If you are able to quote for these items - I can forward additional equipment details, company finances etc.

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