Equipment Financing

Equipment financing refers to a loan or lease used to purchase business-related equipment. Equipment financing provides for monthly payments over a fixed term. As security for the loan, the lender generally requires a lien on the equipment as collateral against the debt. Once the loan is paid in full, you own the equipment free of any lien. A lease generally terminates with either a nominal buyout or a return of the equipment.

Equipment Loan

• Maximum financing amount of up to $1,000,000

• Terms as long as 5 years

• Interest rates starting at 7%

• Easy application process

• Monthly payments

• Up to 100% financing available

• No prepayment penalty

• Next day credit decisions and funding in as little as 48 hours

• At the end of term, you own the equipment 

Equipment Lease

• Maximum financing amount of up to $5,000,000

• Terms as long as 6 years

• Easy application process

• Monthly payments

• No down payment required

• Next day credit decisions and funding in as little as 48 hours

• Lease payments are tax deductible

• At the end of term, you have the option to either purchase the equipment at fair market value, continue the lease or return/trade in