Looking for Equipment Financing?

How much are you looking for?
Equipment Financing
vs.
Equipment Leasing
Equipment is used as collateral
vs.
No collateral, because no purchase is made
Equipment is kept
vs.
Equipment is returned at the end of the lease
Can be used for a wide range of equipment
vs.
Can lease out for all types of hard assets, no soft assets, like computers, can be leased
As low as 6%
Interest Rate Range
6-72 months
Term
$10K-$5M
Loan Amount
As low as 10 days
Time to Receive Funding
- What is Equipment Financing?
Equipment financing is a type of funding for small businesses to loan or lease equipment with flexible payment terms and rates, using the equipment as collateral for the loan. This kind of financing can be used for a variety of equipment such as computers or phone systems.
Qualifications
$10,000 – $5,000,000
Loan Amount
- At least 1 year in business
- Credit Score of 580+
- Monthly revenue of $15K+

Pros and Cons of Equipment Financing
- Quick access to funds
- The equipment is used as collateral
- Can fund a variety of equipment, both new and used
- Equipment might be outdated before the loan is repaid
- Loan can only be used for your equipment needs
- A time in business requirement