● Funded Amount up to $1 million
● Terms up to 2 years
● Interest Vary depending on the equipment
● Funding Timeline 1 week days after approval

What do you need to qualify?

● Annual Revenue $100,000+
● Fico 500+
● Time in Business 6 months

What is it?

Need a new truck? How about a new backhoe? Or maybe you’re looking to buy a coffee machine to keep the team to stay sharp? What about that new crm you’ve been gunning for over a year? We have you covered. We offer equipment financing options for anything you can imagine. These products come in several forms, collateralized or in other words the loan is backed by the equipment you purchase or non collateralized. In either case you must use the
funds for the equipment you originally intended to purchase. While this product is not the most flexible option we offer, it makes up for it with more favorable rates and terms.

What are the benefits?

This product is great for businesses that want to make a specific purchase but may not have the financials to qualify for some of our other programs. We feel more comfortable in approving businesses for equipment financing as the loan is often backed by the equipment you purchased.

How can I qualify?

An equipment loan is not as difficult to qualify for as opposed to our other options. To get approved, your business has to be over 6 months old and it must generate over $100k in revenue annually. As a business owner, we expect your fico to be over 500. Approvals take about 48 hours and you can expect to receive funds within an expedited time frame! With that said, we have approved businesses that do not meet, at least, one or all of these requirements. There are a myriad of factors that we consider during our underwriting process. We understand that every business is different. Thus, approvals vary case by case in light of that fact. Our underwriting process transformed drastically over the years and it is far less rigid than it used to be. We will try to be as flexible as possible to accommodate your needs the best we can.