Frequently Asked Questions about Financing

< back to financing

PROJECT CONSIDERATION CHECK LIST

  1. Is it equipment?
  2. Is the equipment essential to the business?
  3. Is it for an existing business? (i.e. not a startup)
  4. Is it in the USA or Canada?
  5. Is the need $50k or more (annual capital need)?
  6. Does the business have good cash flow or a strong balance sheet?
  7. Does the business have good credit history?

MECHANIZED CONCEPTS PROJECT CANDIDATES?

  1. Strong credit but low residual collateral
  2. Challenged credit but strong cash flow
  3. Strong balance sheet but low cash flow
  4. Young company with aggressive growth and cash flow growth
  5. Strong collateral but medium cash flow and okay balance sheet
  6. FF&E and other types of equipment that the banks won’t fund
  7. Aggressive growth opportunities where time to close is important
  8. Cash flow is important
  9. Traditional “B Paper” equipment projects
  10. Unique business models with strong credit and good cash flow

STRENGTHS OF MECHANIZED CONCEPTS

  1. A great capital source for flexible customized transactions in cash flow sensitive situations
  2. Experienced at building vendor specific equipment finance models
  3. Open to non-traditional equipment finance opportunities
  4. Also specialize in progress funding (i.e. when a lease requires periodic disbursements to vendors for a percentage of the equipment or work completed).

WHY YOU SHOULD WORK WITH MECHANIZED CONCEPTS?

  1. You keep and manage your relationships and Mechanized Concepts does the financing.
  2. You make more money working with Mechanized Concepts than other equipment finance firms
  3. Mechanized Concepts has more experience with financial engineering and underwriting equipment than other companies
  4. Mechanized Concepts offers loyalty, flexibility, customization, and a wide range of capital availability with a quick turn around

WHAT IS MECHANIZED CONCEPT’S FUNDING RANGE?

 

  1. $50K to $150MM per-project funding
  2. Typical funding range of $500k to $20MM

 

WHAT IS THE TIMING TO CLOSE FOR FUNDING?

 

a. Once a complete application is received it typically takes two to three weeks to close
b. More complex projects may take additional time

 

CAN MECHANIZED CONCEPTS FUND EQUIPMENT FOR YOUNGER COMPANIES AND NON-TRADITIONAL PROJECTS?

 

a. Yes. Mechanized Concept’s investors include alternative investment partners that allow for more flexibility for structure and young businesses.

 

ARE MECHANIZED CONCEPT’S RATES COMPETITIVE?

  1. Yes, we provide the best rate possible given the project details and credit

b. Mechanized Concepts specializes in cash flow leases
that match a company’s needs

 

CREATIVE EQUIPMENT TYPES PENGAR CAPITAL CONSIDERS?

 

  1. FF&E
  2. Software
  3. Cannabis Equipment
  4. Any equipment that is essential for your business

 

I DON’T NEED FINANCING BUT MY CUSTOMERS DO, CAN MECHANIZED CONCEPTS HELP?

 

  1. Yes! We can help your business grow by giving you the edge of offering your customers in-house financing. Mechanized Concepts can customize an in-house financing options for your customers so you can close more sales and take better care of your customers.