Equipment notes are created when equipment is purchased and the seller, either an equipment dealer or individual, provides the financing. Construction, industrial, farming or commercial equipment are often the most common notes that may be secured. The advantages to the seller consist of receiving cash on the note which allows the individual or business the freedom to purchase additional equipment or other investment alternatives. 

Equipment Notes Example:

ABC Equipment Company is receiving a monthly payment on its industrial equipment note. The company needs $17,000 to invest in additional equipment and contacts Morgan Capital Funding. After speaking with its network of funding sources, Morgan identifies a source who is willing to provide ABC Equipment $17,000 in return for the next 17 monthly payments.  ABC is now able to purchase additional equipment to fulfill the demands of their clients and generate additional revenue for the company.    

Notes - Equipment

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