Equipment financing allows businesses to obtain the funds they need to purchase or lease equipment without paying the full cost upfront. You can pay over time through fixed monthly payments.
You can finance a wide range of equipment, including machinery, vehicles, technology, medical devices, and more, depending on your business needs.
The application process is quick and easy. Once you submit your completed application and required documents, you can typically receive a decision within 24 hours.
In most cases, the equipment itself serves as collateral for the loan, so you don’t need to provide additional collateral.
Repayment terms can vary, but they typically range from 12 to 60 months, depending on the equipment and your financial situation.
You’ll need basic documentation, such as proof of business ownership, financial statements, and vendor invoices for the equipment.
The amount you can borrow depends on the value of the equipment, your business’s financial health, and creditworthiness. We offer financing options that are flexible based on your needs.
No, submitting an application with us does not result in a hard credit pull, so your credit score won’t be affected until you decide to move forward with the financing.