Equipment Loan

Learn how our equipment loan program can solve your businesses equipment needs.

Our features and benefits page will help you understand and learn how to use this equipment loan financing program for the life of your business.   Since almost all businesses need equipment, virtually all businesses can benefit from this program.

Businesses can find a flexible solution to their equipment needs today, including short time in business,  and lower credit score concerns in the $3,000 to $150,000 range.

Equipment loan

Equipment loan

 

Complete the contact form in the menu above, or call Toll Free at: 855-787-1113 to find out how to get the equipment you need at your place of business as fast as 3 business days.   Approvals can be obtained in as little as one day and funds are wired into your business account as quickly as 2 to 3 days.

Use this equipment loan program to obtain computer electronic equipment, industrial equipment, machinery and medical equipment fast and easy. Scores as low as 600 and in some cases, lower,  are accepted.    There is no minimum time in business.  New businesses can qualify to get equipment.

Other Equipment loan Features include: – Very flexible qualifications - Application and processing is fast and easy – No minimum time in business minimum requirement – Equipment loans as low as $3,000 to start – The equipment loan does not appear under the borrower’s personal credit

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Frequently asked Equipment loan program questions:

What are my chances of being approved? If you have been in business for as little as 2 months or longer, you may qualify for an initial equipment loan to get up to $25,000 in equipment.

What is the most equipment I can get under the equipment loan programs? The higher the Gross Sales of the business, the longer the time in business and the higher the credit scores are, the more the business can get in equipment.

What are the terms of financing? Available terms are 12, 24, 36, 48 and 60 months.  

How fast can it be done? The full process takes approximately 5 business days from the time the application is submitted, to the Vendor, or your business  being funding by wire.     


Business owners must complete many tasks in their plea of help for “starting up a new business”.   Registering the business with the State early in the process can pay dividends in a number of ways later.  Benefits including getting a business loan, developing business relationships, and bidding for and winning contracts.  (read more…)

7 thoughts on “Equipment Loan

  1. Not so much, but restaurant equipment is more difficult. Any equipment that is specialized may be more difficult to get financing for because it is more difficult to liquidate in the event of a default.

  2. co signers help when they are already owners of the company and live in the same city or area. If the Co signer lives several states away or is not an owner, it will not help much

  3. The only exception to the out of state non owner co signer is if the person has a high net worth and proves this through tax returns and a personal financial statement. In these cases, the lender will often strongly consider the loan when they would not have before because they will feel that the loan repayment is protected via the co-signer.

  4. Gajen Rupta of AP Tech in Dearborn wrote to us asking, “We want to finance IT equipment, but about 40% of the cost includes software. Can you finance the software together with the computers, or will you only finance the computers? We need financing for all of it because we cannot come up with almost the whole amount if we include the sofware.”

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