Monberg provides real estate financing solutions through our direct network of lenders and private investors.
Construction Equipment Financing
We help merchants buy a piece of equipment for a construction job or business. Typically, you have to pay a down payment of around 10-30% of your equipment to minimize the risk for lenders. Also, many terms vary due to underwriting.
Terms of Lending
New Construction Financing
We offer construction loans to individuals or companies who do not have enough capital to finish a construction job or enough capital to start their project. A budget/detailed plan of the whole operation needs to be provided.
Info on borrower/sponsor needs to be provided which may include a resume or a summary of experience and personal financial statement
Information on New Construction
Equipment as Collateral Financing
Our equipment collateral loans provide more capital than a traditional alternative financing loan. Any equipment that’s valued in excess to $20,000 can be mortgaged, including construction equipment, trucks, agricultural equipment or industrial equipment, etc.
Business Line Program
The assets we look to secure should have minimum auction values of about $20,000 and can provide clients from $20,000-$3,000,000 secured by Equipment.
App-Only Business Line Program
This is strictly for equipment only. The program lends money for equipment and not real estate. Loans from $20,000-$150,000 can be processed.