Yellow Iron Financing Calculator
Here’s a comprehensive table covering essential information about Yellow Iron Financing, including key aspects such as services, eligibility, and more. Note that the specifics may vary by location or institution, so it’s best to check with Yellow Iron Financing directly or on their website for the most accurate details.
| Aspect | Details |
|---|---|
| Company Name | Yellow Iron Financing |
| Type of Financing | Equipment financing, leasing, and loans for construction and industrial machinery. |
| Target Customers | Contractors, construction firms, and businesses needing heavy machinery. |
| Services Offered | – Equipment loans – Leasing options – Financing for new and used equipment – Working capital loans |
| Loan Amounts | Typically ranges from $10,000 to $5 million, depending on creditworthiness and equipment value. |
| Interest Rates | Competitive rates based on credit score and financing terms; varies widely. |
| Terms | Flexible terms ranging from 12 to 72 months, depending on the type of equipment and financing. |
| Eligibility Criteria | – Business credit score > 600 (may vary) – Established business with financial records – Down payment may be required (varies by financing type) |
| Application Process | – Fill out an online application – Provide financial documents (tax returns, bank statements, etc.) – Receive approval and funding typically within a few days |
| Customer Support | Offers customer service via phone, email, and online chat. |
| Benefits | – Quick approval process – Flexible financing options – Preserves cash flow for other business expenses |
| Potential Drawbacks | – Higher interest rates for lower credit scores – May require collateral (equipment being financed) |
| Contact Information | Visit the Yellow Iron Financing website or call their customer service for more details. |