Small Biz Heroes
MAX LOAN AMOUNT
Up to 100% of Equipment Value
1 – 8 Years or Expected Life of Equipment
As Low as 4.59%
TIME FOR APPROVAL
As Little As 2 Days
How It Works
A small business equipment loan could be the right option when your business needs a certain piece of equipment to get started or reach the next level in their industry.
Types of Equipment
We help you finance many different types of equipment, including construction, medical, IT, energy, office, restaurant supplies, vehicles, and trucks.
You can leverage existing owned equipment to get a loan using your equipment as the collateral even if your credit rating is not so good.
We will assist you in getting the right equipment financing program and make sure your approval is custom-tailored to fit your business needs.
What Businesses Qualify?
Equipment financing is the perfect option for a company that needs equipment but doesn’t want to use all their own cash flow to buy it. This type of loan will help you acquire equipment without any upfront money, while also acting as a valuable form of collateral in case anything goes wrong and your business needs to borrow more cash down the line.
Equipment financing approvals are based on personal and business credit scores, industry type, positive trade history, existing trade lines, Debt Coverage Service Ratio and the equipment quotes provided by the business owner.
What Type of Equipment?
You might think that our underwriting team is just concerned with your borrowing history, but the type of equipment you are purchasing could also play a role in whether or not we approve your loan. If you’re looking to invest in something high-value and value retaining, then even if your credit profile isn’t perfect yet we may be able to work out an agreement for financing – as long as it’s within budget!