Underwriting is easier for businesses seeking equipment leases

05/11/2010 | Entrepreneur online

Businesses are finding that underwriting criteria for equipment leasing are far more relaxed than for traditional bank loans, making it easier to stay liquid in difficult times. "Any credit lines you can establish or expand -- be it with vendors, banks or equipment lessors -- will allow you more breathing room," said Joel Ronan of Atlantic Business Credit, a lease-financing firm.

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