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Why are some equipment loans harder to get than others? It all comes down to the collateral! 💰 Michael Saunders from Fuse Financial Solutions explains that in equipment finance, the asset being financed acts as the collateral. If you can’t pay, the lender repossesses the asset. Here’s the breakdown: High Risk (Higher Interest): Assets that quickly depreciate (like specialized aesthetic lasers or used equipment) make it difficult for the lender to recover their investment. Lower Risk (Better Rat
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