Get the Equipment You Need to Produce Revenue – All industries and equipment types considered.
Alternative solutions for both new and used equipment are available for your business needs. Our leasing and equipment finance group is here to suit your non-SBA lending needs. We specialize in revenue producing, critical use equipment. Equipment Financing is used for the purpose of purchasing equipment for expansion, replacement, or other purposes.
Equipment Financing Overview:
- Purpose: To purchase equipment for expansion, replacement, or other purposes
- Loan Amounts: $250,000 to $30,000,000. higher on a case by case basis
- Equipment: Crane and lifting, transportation, construction, earth moving, drilling, concrete and asphalt, pumping, material handling, machine tools, logging/forestry, aviation, modular buildings, I.T., software, healthcare, FF&E, etc.
- Term: Varies, but usually averages between 36-84 months. However, terms may extend longer depending on the asset type
- Rate: Fixed
- Eligibility: Commercial businesses, for-profits
- LTV: Varies, but can reach up to 100%