Application Only (Score Only) Credit Process Up to $350,000 for different equipment types
- For transactions less than $350,000, Equipment Finance provides fast and efficient financing through their application only process. Upon completion of the one-page application, most credit decisions will be delivered within 1-2 hours.
- Up to $350,000: Construction, Machine Tools, Manufacturing, and Agricultural equipment.
- Up to $250,000: Transportation, Material Handling, and Printing equipment.
- Up to $150,000: For all other Equipment Types.
Full financials required for loan Amounts over $350,000
- Leases: Fair Market Value (FMV); TRAC; Split TRAC; and $1 out leases are available.
- Equipment Loans
- Commercial Finance Agreements (CFA)
- Leases, Loans, and CFA’s are all available for one or more assets. A Master Agreement can be utilized for approved lines of credit. Multiple equipment schedules are offered as equipment is purchased and financed throughout the year.
Benefits Of Equipment Finance
- Preserves working capital, cash, and valuable bank lines of credit.
- 100% financing is available on most transactions.
- Provides protection from equipment obsolescence.
- Deferred payment schedules and seasonable payments are available.
- Lower rates due to tax advantage leasing
- Equipment Financing can act as a hedge against inflation by locking in the long term costs now
- Leverage equipment expertise from professionals who understand your industry