No down payment or collateral? No problem. The equipment that you are financing can also act as your collateral which means you can secure a loan without emptying your wallet for a bunch of upfront costs.
How much you can finance will depend on the type of equipment you are buying, its lifetime value and whether it's new or used.
Your equipment loan payments are determined by four things: your loan amount, interest rate, term, and collateral. These factors can vary widely across industries and equipment types. That's why we work with a variety of lenders who specialize in industry-specific loans so we can help you find the best deal.
Simply answer a few basic questions in our free, secure, online application to learn more about your business term load options.You will be asked to enter information about your credit score, time in business, and collateral. You may also need to email, fax or upload your recent bank statements to show your revenue. Once approved, you can usually access your find with 24 hours or less.
|Time in business||18 Months+|
Here are the basic documents you will need to apply for your Equipment Financing loan.