Term Loan
A lump sum, a fixed rate, and a date it is paid off.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Equipment financing
Equipment Financing
The machine pays for itself while it pays for itself.
- Loan amount
- Up to $250K
- Term
- 1–5 years
- Cost
- As low as 8%
- Repayment
- Monthly
Equipment financing
What a equipment financing does
Equipment financing is secured against the thing you are buying, which is why the rates start lower than unsecured borrowing and why the approval leans on the equipment as much as on you.
It covers far more than people expect. Trucks and trailers, ovens and walk-ins, chairs and dryers, lifts, compressors, dental units, servers, tills. New or used, bought or leased.
What lenders usually want to see
Before you sign one
- 12+ months trading
- 650+ credit score
- $50,000+ annual revenue
- A lower score can still work if the cash flow is solid
The application
Find out what you qualify for
Two minutes, no fee, and no effect on your credit. If nothing on offer is right for you, nothing happens.
Rather talk to somebody first? (866) 221-5149.
Six kinds of funding
This one, and the five beside it
Short Term Business Loan
For the problem that will not wait until next quarter.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
The machine pays for itself while it pays for itself.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Money for running the business, not for buying a thing.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Approved once, drawn on whenever.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
Underwritten on your sales, not your credit file.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%