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Creative Financing
No.... not that kind. :roll:
We're buying CTP, and have the usual Lease/Financing contracts in front of us. The local County has an industrial development board that has some bene's, but they're usually tied to specific jobs being created (meaning, you don't get your 'rebate' until you prove you've created X number of new jobs because of the equipment they're helping finance).
What else can we do? We're looking at about 9% @ 60 months for the remanufactured equipment we're looking at... and that's a big nut every 30-days. What else can we do to reduce the costs? What has everyone else done when financing large equipment (we've also got a press we're looking at, so...)
- Mac
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