Investment Banking or Equipment Financing
I’ve been working in equipment financing for the past 2.5 years, focused on financing private equity firms portfolio company’s ongoing CapEx needs and would like to break into banking / work for a more reputable firm.
I’ve been talking to a few banks (Associate position, M&A and Debt Sourcing) and a competitor of ours, and need some insight on which route to take.
The IB’s offer is strictly commission (initially some salary to ramp up) and the equipment financing offer is a starting salary of $65K + commission (need to relocate).
I'm pretty distraught and don't know if I could sacrifice a huge career move with no base salary. Your help is much appreciated!