Equipment Finance

 

Equipment Financing is used exclusively to acquire business-use equipment, but can also be used to obtain cash on paid-off equipment. Approvals are typically based on credit score, collateral, financial history and value of the equipment.This program is used when a client need to acquire equipment and cannot afford to purchase the amount of equipment required or needs to reserves their working capital.

 

Requirements

  • Equipment Lease Program – 50,000+
  • Turnaround to Lease = 3 to 5 working days
  • Interest Rate = 9 – 18% (based on credit score)
  • Pre-approval = 24hours
  • Credit 700 Plus FICO score