Blue Ridge, GA
Quoted from Damon:just trying to aquire the most info possible to make the best decision possible.
Damon, If you are looking for the best (financial) decision, then you should consider a mortgage in the short term.
In order to move these "quickly", you will have to discount your collection by $20,000 - $35,000. You need to include that in your cost of money.
If you are in a position to finance it for 6-12 months, you could take the time sell the machines at FMV and pay off the loan as you go.
With today's rates and the mortgage tax advantage, the costs to finance in this way would be significantly less than your sales discount.
Good Luck!
