Posted by Daivd Alexander on May 02, 1999 at 15:12:27:
I doubt that there is an Industry standard. Your offering financing so you should be able to command top dollar, and interest rate. I’m sure that if they could go to the bank they would, so that they could get a better interest rate. You might also ask for other security than the equipment, because used equipment is generally sold for 10-50 cents on the dollar for cash.