Question about making a team

My friend and I are about to start our 1st campaign and we can’t see in the rules how much cash we have to buy starting equipment for our guys.

We know you have 12 points to recruit your team but then how much cash do you have to buy weapons, gear and so on. I can see the cost of these items in the rule books but there is nothing about a recommended starting fund.

Is it just that they come with nothing and we choose our own starting costs or do we get free guns and armor when we make the initial lists?