Up to $1,000,000
Equipment Financing
The longest term here, and the only programme secured on what it buys.
- Amount
- Up to $1,000,000
- Term
- 12 – 60 months
- Cost
- From 4.5%
- Funded in
- 1 – 3 days
Equipment financing
What it is, and what it asks
Equipment financing covers commercial vehicles, restaurant equipment, machinery, technology — new or used — and spreads the cost over as much as five years rather than taking it out of this quarter's cash.
The equipment itself normally secures the loan. That is why it carries the lowest published rate on this site and why it is often open to a business whose credit file would not carry an unsecured loan of the same size. It is also the one place the phrase 'no collateral' has never applied here.
What it gives you
Why a business takes this one
- New and used equipment both eligible
- The lowest published rate of the six
- The longest repayment period of the six
- Secured on the equipment rather than on the business
The application
Fifteen minutes, and nothing to pay.
About fifteen minutes across six screens. One application reaches 80+ lenders, costs nothing, commits nothing and leaves no mark on the owner's credit score.
Rather talk to somebody first? (844) 236-2640.
The six
This ceiling, and the other five
- $1,000,000 Term Loan 12 – 36 months · 1 – 2 days
- $750,000 Business Working Capital 6 – 24 months · 24 – 48 hours
- $1,000,000 Equipment Financing 12 – 60 months · 1 – 3 days
- $500,000 Short-Term Business Loan 3 – 18 months · 24 hours
- $500,000 Business Line of Credit Revolving · Instant once open
- $500,000 Business Cash Advance Follows revenue · Same day