SMALL TICKET TITLED FINANCING PROGRAM

Our small-ticket titled vehicle program is fast and convenient for A and B credits. Capital Relay sources transactions for a number of established financial institutions including banks, independent finance companies and special investment firms. These lenders trust us to package and deliver the types of deals which fit their specific appetites.

All credit, pricing and term decisions are at the sole discretion of the funding sources we access. Pricing is always risk-based, but generally we extend offers with rates in the single-digits for strong credits and rates in the teens for impaired credits.

Term lengths available usually range from 24 to 60 months depending on the characteristics of the deal. Applicants with challenged credits may be asked to offer additional security in the form of a deposit or additional collateral.

Credit and Asset Guidelines:

  • Transactions from $30,000 to $150,000.
  • Minimum FICO score of 650
  • Minimum time-in-business of two years
  • Personal Guarantor required
  • No bankruptcies or major derogatoriness such as a repossession, foreclosure or open lien
  • 2007 or newer with fewer than 750,000 miles
  • Owner/Operators and sole-props are okay

 

Credit Package Requirements:

For immediate processing and review, send credit packages to us via the Capital Relay Network. If you aren’t already signed up, please Sign Up below. Alternatively, you can email them to us at info@capitalrelay.com or send them via fax to 913-749-1097.

Below is a list of what is typically required. At minimum we need the first four items, but often need the other items listed, especially for transactions just meeting the minimum credit requirements or over $75,000.

  • Signed credit application (yours is acceptable) including credit authorization from each guarantor
  • Credit bureau report for each guarantor or request that we access it
  • Last three months bank statements – summary page only
  • Equipment quote or invoice including price, specifications and VINs if possible
  • Often needed
    • Last two years business tax returns
    • Last two years and current YTD financial statements
    • Last two years personal tax returns
    • Complete, proper, legible and signed personal financial statement for each guarantor
  • Proof of time-in-business for sole-proprietorship

 
Desired commercial truck financing and commercial trailer financing opportunities:

  • Day cab tractor financing or semi truck financing
  • Aerial sign truck financing
  • Bucket truck financing
  • Boom truck financing
  • Car hauler truck financing
  • Car hauler trailer financing
  • Concrete pump trailer financing
  • Concrete truck financing include booms, pumps and mixers
  • Dry van trailer financing
  • Dump truck financing
  • Flatbed truck financing
  • Fuel/lube truck financing
  • Fuel truck financing
  • Garbage truck financing and waste removal truck financing
  • Lowboy trailer financing
  • Mechanic’s truck financing
  • Reefer trailer financing
  • Refrigerated truck financing
  • Service truck financing
  • Sewer and septic truck financing or pump truck financing
  • Tank trailer financing
  • Tank truck financing
  • Tow truck financing or rollback truck financing
  • Van body truck financing or box truck financing
  • Vacuum truck financing
  • Water truck financing

 

Financing for Bucket Trucks

Financing for Flatbed Trailers

Financing for Cement Truck

Financing for Tow Trucks

Financing for Dump Trucks

 

 

SMALL TICKET GENERAL FINANCING PROGRAM

Capital Relay’s small-ticket general program is an ideal solution for sourcing financing up to $500,000 for any non-titled asset. While we help secure financing for a range of credits, generally the Capital Relay Network lenders offer rates ranging from the mid-single digits through the teens.

Term lengths are often determined by the requested financing amount, customer’s industry and marketability risk of the collateral, and range from 24 months to 60 months. The lenders offer proposals for TRAC leases, capital leases, PUTs, and loans or EFAs. Customers should expect total out-of-pocket inception expenses between 5% for great credits, and 20% for difficult credits.

Credit Guidelines:

  • Transactions from $5,000 to $350,000
  • Minimum FICO score of 600
  • Minimum time-in-business of two years
  • Personal Guarantor required
  • No bankruptcies or major derogatoriness such as a repossession, foreclosure or open lien

 

Credit Package Requirements:

For immediate processing and review, send credit packages to us via the Capital Relay Network. If you aren’t already signed up, please Sign Up below. Alternatively, you can email them to us at info@capitalrelay.com or send them via fax to 913-749-1097.

Below is a list of what is typically required. At a minimum we need the first five items, but often need the other items listed, especially for transactions just meeting the minimum credit requirements or over $75,000.

  • Signed credit application (yours is acceptable) including credit authorization from each guarantor
  • Credit bureau report for each guarantor or request that we access it
  • Complete, proper, legible and signed personal financial statement for each guarantor
  • Last three months bank statements – summary page only
  • Equipment quote or invoice including price, specifications and VINs if possible
  • Often needed:
    • Last two years business tax returns
    • Last two years and current YTD financial statements
    • Last two years personal tax returns
  • Proof of time-in-business for sole-proprietorships


Target Financing Opportunities:

  • Audio/Video
  • Industrial Facilities
  • Machine Tools
  • Manufacturing Equipment
  • Medical Equipment
  • Office Furniture
  • Printing
  • Packaging
  • Restaurants
  • Retail Facilities
  • Software/Technology

Financing for Office Furnishings

Financing for Machine Tools

Financing for Retail Shops

Financing for Restaurants

$200,000 – $20 MILLION FINANCING PROGRAM

For the best financing solution in the areas commonly referred to as middle-market and large-ticket financing, choose Capital Relay for creative and competitive financing options. For your benefit, we access funding from dozens of active lenders and lessors ranging from retail banks to conduits for hedge funds, commercial paper, private investors and overseas money.

The result of our breadth of resources is more flexibility in acceptable credits, a wide range of finance products and more aggressive financing pricing and terms. Terms range from short-term products similar to bridge loans to 60 months or more.

Financing instruments available include capital leases, operating leases, loans, factoring, TRAC leases and more. Oftentimes we can offer financing for soft costs such as installation, service and freight.

Credit and Asset Guidelines:

  • All types and ages of equipment (see list below for common examples)
  • For most businesses, personal guarantors are required.
  • Annual revenue of at least $1 million and typically over $5 million
  • Minimum time-in-business of five years
  • Accountant-prepared financials
  • At least two of the following three:
    • Recent profitability
    • Current cash flow sufficient to service requested debt/obligation
    • Positive equity three times the amount of debt/obligation requested

 

Credit Package Requirements:

For immediate processing and review, send credit packages to us via the Capital Relay Network. If you aren’t already signed up, please Sign Up below. Alternatively, you can email them to us at info@capitalrelay.com or send them via fax to 913-749-1097. Below is a list of what is typically required.

  • Signed credit application (yours is acceptable)
  • Credit bureau report for each guarantor, or ask us to pull one
  • Complete, proper, legible and signed personal financial statement for each guarantor
  • Last three months operating account bank statements – all pages if possible
  • Equipment quote or invoice including price, specifications and VINs if possible
  • Last two years business Federal tax returns, three years occasionally needed
  • Last two years and current YTD financial statements, three years occasionally needed
  • Last two years personal tax returns, three years occasionally needed
  • Occasionally needed: Detailed listing of additional free-and-clear collateral customer is willing to pledge including titled assets, non-titled equipment, real estate, receivables, contracts and inventory

 

Desired Equipment Financing Opportunities:

  • Computer system financing
  • Construction machinery financing
  • Drill rig financing
  • Energy-related equipment, such as gas and oil retrieval, transportaion and refining equipment
  • HVAC financing
  • Industrial machinery financing
  • Machine tool financing
  • Manufacturing equipment financing
  • Material handling financing
  • Medical equipment financing
  • Mining machinery financing
  • Oilfield equipment financing
  • Processing and Food Service financing
  • Restaurant equipment financing
  • Software financing
  • Technology hardware financing
  • Telephone system financing
  • Waste management equipment financing

Financing for Construction Equipment

Financing for Oilfield Equipment

Financing for Industrial Facilities

Financing for Construction Projects

 

 

 

 

   
FLEET FINANCING PROGRAM

For the best solutions for fleet financing, Capital Relay allows you access to our extensive network of lending sources. Through direct relationships with over 100 lenders, Capital Relay’s sources provide more flexibility in getting approvals for your customer.

Terms range from 48 to 60 months or more. Financing instruments available include capital leases, operating leases, loans, factoring, TRAC leases and more.

Credit and Asset Guidelines:

  • All types of trucks and trailers
  • For most businesses, personal guarantors are not required
  • Annual revenue greater than $2 million and a fleet of at least five units
  • Minimum time-in-business of five years with at least two of the three: positive net worth, positive cash flow, profitable
  • Accountant-prepared financials
  • No bankruptcies or major derogatoriness such as a repossession, foreclosure or open lien
  • At least two of the following three
    • Recent profitability
    • Current cash flow sufficient to service requested debt/obligation
    • Positive equity three times the amount of debt/obligation requested

 

Credit Package Requirements:

For immediate processing and review, send credit packages to us via the Capital Relay Network. If you aren’t already signed up, please Sign Up below. Alternatively, you can email them to us at info@capitalrelay.com or send them via fax to 913-749-1097. Below is a list of what is typically required.

  • Signed credit application (yours is acceptable)
  • Credit bureau report for each guarantor, or ask us to pull one
  • Complete, proper, legible and signed personal financial statement for each guarantor
  • Last three months operating account bank statements
  • Equipment quote or invoice including price, specifications and VINs if possible
  • Last two years business Federal tax returns, three years occasionally needed
  • Last two years and current YTD financial statements, three years occasionally needed
  • Last two years personal tax returns, three years occasionally needed
  • Occasionally needed: Detailed listing of additional free-and-clear collateral customer is willing to pledge including titled assets, non-titled equipment, real estate, receivables, contracts and inventory

Financing for Municipality Fleets

Financing for Construction Fleets