Our equipment financing and leasing is perfect for business owners who want to borrow money to get equipment. And it can work for owners who want to borrow against existing equipment they already own. Many other business owners use this type of funding to lease equipment.
They can gain tax advantages without using out of pocket money to buy that equipment. This is a great funding program for a client who has or wants equipment and has average or above credit to qualify.
- Min 1-year in business
- Personal credit score as low as 550
- Personal credit scores above 640 to buy heavy equipment and lease equipment
- No open collections, tax liens, judgments, foreclosures, or bankruptcies
- 3 – 6 months business bank statements
- Approval from $5,000 to $10,000,000 depending on sales volume
- 12 - 72 Month Term
- Lenders typically approve 10% of annual gross revenue