Loan Amount
$5,000-$5,000,000
Time to Fund
As Soon As 24 Hours
Loan Terms
1-5 Years
Interest Rate
As Low As 7.5%
What is an Equipment Investment Loan?
Equipment financing is a form of asset-based lending that enables business owners to obtain funds to purchase or lease equipment without reducing their working capital.
Due to the equipment serving as collateral to secure the financing, credit approval for this type of commercial banking is more flexible. Many lenders concentrate less on the profitability, revenue, and overall cash flow of the company for loan amounts under $50,000 and instead focus on the credit score of the business and business owners as well as the duration of time they have been operating.
What are the Benefits?
Are you in need of a new backhoe or a credit card processing app? Or perhaps your sales team can't start their day without their morning protein smoothies made in a six-speed blender? Don't worry, there's a loan for all of that. Small business equipment financing options are available for almost every industry and every type of equipment you might need. This means that your wish list is probably covered, no matter how unique or unconventional it may be.
Minimum Requirements
CREDIT SCORE
650 or higher
ANNUAL REVENUE
$50,000+
TIME IN BUSINESS
12 Months
How to Apply?
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Fill out the 1-minute Online Application
All of your personal information will be securely stored in our cloud database.
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Get Our Free One-on-one Consultation
Our financial consultant will contact you as soon as when we have received all of your information.
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Submit Documents & Get Funded
Our office is located at 39-06 Flushing, 3FL, Flushing, NY 11354