Commercial Equipment Financing Petoskey MI

Looking for Commercial Equipment Financing in Petoskey? We have compiled a list of businesses and services around Petoskey that should help you with your search. We hope this page helps you find Commercial Equipment Financing in Petoskey.

Mr. John S. Marshall Jr., CFP®
(231) 348-2516
435 Madison Street
Petoskey, MI
Firm
Crooked Tree Capital Advisors
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Investment Management, Retirement Income Management, Risk Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided By:
Mr. James B. Carano, CFP®
(231) 237-9715
04755 Lakeshore Dr
Charlevoix, MI
Firm
Meridian Advisory Services LLC
Areas of Specialization
Investment Management, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided By:
Fifth Third Bank
(231) 439-8500
Petoskey Downtown, 300 East Mitchell
Petoskey, MI
Office Hours
M-F 9-5; SA 9-12

Fifth Third Bank
(231) 582-0440
Boyne City, 102 S. Lake Street
Boyne City, MI
Office Hours
M-F 9-5; SA 9-12

Chase Bank
(231) 526-6243
7645 S State Rd
Harbor Springs, MI
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Mr. P. Scott Nofsinger, CFP®
7818 Cemetery Rd
Harbor Springs, MI
Firm
P. Scott Nofsinger, CFP
Areas of Specialization
Charitable Giving, Estate Planning, Insurance Planning, Long-Term Care

Data Provided By:
Mr. John E. Doskoch, CFP®
(231) 547-9759
13591 N Forest Dr
Charlevoix, MI
Firm
John E. Doskoch
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided By:
Chase Bank
(231) 348-6251
677 W Mitchell
Petoskey, MI
Type
Drive-up
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Chase Bank
(231) 582-6595
1153 M-75 S
Boyne City, MI
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Edward Jones
(888) 891-1446
930 S State Rd # 20
Harbor Springs, MI

Data Provided By:
Data Provided By:

How To Find Commercial Equipment Financing

Most companies require equipment of some type at some point. It may be something as small as a computer system, or as large as a construction crane. Whether you are an established company or a small startup, paying for the needed equipment may be difficult, and the cost could set you back to the point where your business is at risk. However, you can ease the burden by obtaining commercial equipment financing .

A commercial equipment loan may be used for any type of equipment associated with the operations of your business. This includes computer hardware and software. Furthermore, commercial equipment loans can be used for the installation, training, and consultation that are related to any commercial equipment that you buy.

The problem is that many business owners do not know how to find the right finance companies to obtain the equipment loan . The majority of the business owners who do approach the right equipment finance companies are ill prepared, and fail to get their equipment loans . You can avoid those problems by being prepared, and knowing what your financing options are.

Begin by knowing and understanding exactly what you require. Do some comparison shopping and locate the best deal possible for the equipment that you wish to finance. Write down all of the specifics about that equipment. Don't make the mistake of approaching the equipment financing company before you know what you want to buy and how much it will cost.

The next step is to gather the documents that will be needed. This includes financial statements for the last five years, your business plan, federal tax returns for the last five years, articles of incorporation, business licenses, and a list of credit references. In most cases, the equipment you will be financing will be used as collateral, but you may also want to have a list of other assets that you can use for collateral as well. All of these documents may not apply to you. It is often best to call ahead to the equipment finance company and simply ask what documents they will expect you to have. You should also get a copy of your credit report to make sure everything is in order.

Finally, you are ready to determine what equipment finance company you will approach for your equipment loan . There are many options open to you. Your bank would be an obvious choice, but it isn't necessarily the best choice. Just as you looked for the best deal when choosing the equipment, you will want to find the best deal when you choose the financing. Begin by making a list of your options, then call those options and check the interest rates.

Don't overlook any financing options for your commercial equipment financing . Call the vendor that has the equipment you want to finance. Ask them if they offer any type of vendor financing, or if they use any particular equipment financing company. Get the details and write everything down.

Other than banks and vendor financing, other comme...

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