Equipment Financing

What Is a Equipment Financing?

Equipment financing is a financial arrangement that enables businesses to acquire the necessary tools, machinery, or technology they need to operate and grow, without having to make a substantial upfront payment.

This type of financing is especially valuable for businesses that rely on specialized equipment such as construction equipment, ovens, bar + restaurant equipment, anything that allows them to maintain a competitive edge by keeping their technology and machinery up-to-date.

FAQ

Equipment Financing

What is a Equipment Financing and how does it work?

Equipment financing is a financial arrangement where a lender provides funds to purchase equipment. The borrower then repays the lender over time, usually through monthly installments. The equipment itself serves as collateral for the loan, which can make it easier to secure financing compared to traditional loans.
What types of equipment can be financed through equipment financing?

Equipment financing can be used to acquire a wide range of assets, including machinery, vehicles, technology, medical equipment, and more. It’s not limited to a specific industry, making it a versatile option for businesses in various sectors.
What are the advantages of equipment financing for businesses?

Equipment financing offers several benefits, such as preserving working capital, tax advantages, fixed interest rates, and flexible terms. It allows businesses to obtain necessary equipment without a significant upfront cost, enabling them to stay competitive and maintain cash flow for other operational needs.
Is there a minimum Credit Score?

Personal Credit and good standing.

Equipment Financing

What Is a Equipment Financing?

What Do You Need to Qualify?

Our Process

Apply Online

Compare Approvals

Receive Funding

FAQ

Equipment Financing

Transparent

No Upfront

Fast