Frequently Asked Questions

What does it cost?

Interest rates range from 9.75% to 12.95% depending on collateral and credit rating.  There is also a $150 documentation fee that may be included in the financed portion. Down payments can be from 0 to 33% depending on collateral pledged. Loans over 50K may be eligible for a special interest rate.

How long does it take?

Funds for your purchase can be sent within a day if all documentation is completed in time.

How much can I borrow?

The amount will vary based on collateral and value of the item.  We are in the position to loan on the most expensive prairie tractors, the largest steam engines and the rarest open flame gas engines.

Can I use this at an auction?

Yes, auctions are a wonderful place to buy old iron.  They also demand that you have the money the day of the auction.  That’s where we can help. We are currently establishing relationships with some of the top auction houses for old iron to make this even easier.