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    Oilfield factoring lines of credit

    Factoring is a great tool to finance a business in the right situation. Only factor if you are growing faster than your cash flow can support. Factoring the receivables of a declining business will only put you out of business faster. Also, factoring will not cost 25%. Rates are about 2-3% per...
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    Small Local Community Bank - Are There Any Left?

    Look for a business bank or a bank that specializes in your industry.
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    First time financing

    With limited to no credit, I would go through the dealer financing. Yes there rate will not be the best but they are more interested in the sale of the equipment. After a few months of on-time payments, try to refinance and get a better rate with some of the above mentioned institutions. Do not...
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