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## Material Loan

Clients can also obtain financing against their existing capital equipment, or they can obtain a expenditure line to purchase additional equipment they need to grow and expand. Equipment financing is provided in conjunction with accounts receivable financing, with the accounts receivable portion as the primary component of the facility. We provide equipment term loans to finance existing equipment or to purchase new equipment. Advance rates on equipment financing are determined on a case-by-case basis and are dependent on the specific equipment being financed. Formal appraisals are generally obtained to determine the approximate value of the equipment.

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