Equipment Financing
Equipment for virtually any industry.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Equipment financing
Equipment Financing
Equipment for virtually any industry.
- Loan amount
- Up to $250K
- Term
- 1–5 years
- Cost
- As low as 8%
- Repayment
- Monthly
Equipment financing
What it is, and how it repays
Equipment financing covers the cost of buying or leasing what your business runs on. Most owners hear the phrase and picture tractors and backhoes — construction equipment is certainly financeable, but so are refrigerators, vehicles, medical devices, ovens, servers and computers.
Exact qualifications vary by lender and by the equipment itself. If you do not meet all of them — a credit score under 650, say — solid cash flow can still make the case.
The upgrade it suits
A newer van or truck
The vehicle secures the financing, and the payments run over its working life.
- Replaces
- The vehicle that spends more days at the garage than on the road.
- How it earns its keep
- More jobs in a week, and repair bills that stop arriving.
What it gives you
What lenders usually look for
- 12+ months in business
- 650+ credit score
- $50,000+ annual revenue
- Quick and easy application
The application
Apply for upgrade funding
About two minutes: the amount, how to reach you, and a few questions about the business. Free to send, and nothing is agreed until you accept an offer.
The application is the way in, and it takes about two minutes.
The six
All six programmes, this one marked
Term Loan
The classic way to fund a bigger move.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Business Line of Credit
Flexible financing, there when you need it.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Working Capital
Funding your day-to-day operations.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Short Term Business Loan
Fund your business on your terms.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Business Cash Advance
Quick and efficient access to capital.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%