Borrowing Against Machinery & Equipment
If you have decided you or your company are in need to use your machinery / equipment as collateral for an asset based loan, Rabin has outlined some steps below to help you get started. Rabin’s machinery and equipment financing options can be custom tailored to fit your needs whether you have machinery or real estate or both that you wish to borrow against. If you feel you would like to learn more about our financing options, fill out the form to the right or call us. We would be happy to speak with you personally about what we can offer you.
Machinery / Equipment Loans – Steps For Getting Started
Contact Us: The best way to get started on your machinery and equipment asset based loan is to contact the experts at Rabin. We would love to talk to you to get a better understanding of what your current situation and goals are.
Asset Valuation: Submit to Rabin a list of the machinery, equipment or real estate assets you would like to use as collateral, along with any extended descriptions, model numbers, serial numbers and photos. Based upon what we receive, our appraisers will decide whether they need to come and inspect the assets in person.
Loan Terms: Once terms are agreed upon and finalized, loan documents will be prepared and sent to all interested parties for signing.
Follow Up: Borrowers & lender remain in close communication throughout the process to gain a better estimate of the progress of the project.
Rabin is an international company that creates liquidity through innovative solutions. We specialize in complex manufacturing facilities with idle or marginally productive assets. Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include recognizable names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency. Let us provide your business with valuations that are based on actual sales through our heavy equipment appraisal services.