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| Feb. 22, 2012 | BROWSE |  |
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Equiupment Loan Calculator:
Typical equipment finance rates for machines in Canada are between 6% and 9% depending on credit strength.
In the USA you can expect some where between 8% and 10%.
Machines that are 1999 and older usually are approved with a maximum finance term of 2 to 3 years,
2005 to 2006 you should expect something like a 3 to 4 year term.
Equipment 2007 and newer commonly see 5 to 6 year terms. |
