Equipment Financing
Equipment Financing Options Can Help You Get the Machinery You Need
Whether you are new to business or an experienced owner, every company needs equipment to thrive. People often assume that equipment only refers to heavy machines, like manufacturing equipment, but it also references everyday office devices, like computers and software. There are equipment financing and equipment leasing programs to help businesses of all experience levels secure the items they need for operations.
Loan Programs exist for smaller equipment purchases and big-ticket items or middle-market options. Loans can come with up to 84-month terms and excellent interest rates. There are various payment structures to suit your needs.
Contact us to today or Get Pre-Qualified.
We Offer Programs for All Needs
Startups usually struggle to secure financing for equipment purchases because they lack a credit history. There are startup programs designed specifically for businesses with less than two years of operating experience.
B, C, and D credit programs can help struggling businesses purchase the equipment they need to turn operations around. We understand that credit histories are not the only indicators of good business.
Municipal and government programs allow guaranteed lease financing for specific organizations or entities. Lease financing programs are available to:
- Federal and state government agencies
- Armed services
- Police and fire department
- Public schools
- Libraries
There are sale and lease-back programs. The programs purchase existing equipment and lease it back to you for a number of months. Once all payments are received, you retain ownership of the equipment.
Reasons To Consider Equipment Leasing
Equipment lease financing is beneficial for several reasons. The primary benefits include:
- Available working capital
- Low monthly payments
- Tax and accounting benefits
- Elimination of equipment obsolescence
- Preservation of credit lines
Apply for Equipment Financing
It is time to get the equipment and working capital you need for your operation.
Contact us today and get Pre-Qualified.