Equipment Financing
- Invest in New Business Equipment
- FInancing for Purchase or Leasing
- Loans Secured by Equipment Only
- Rates Based on Your Business Experience and Revenue
- Choose from Three Types of Leases
If you need new equipment for your business, our lenders can provide you with either an equipment loan or equipment leasing. Equipment leasing lets you fully deduct your payments from your income, reducing your taxes. Equipment business loans and lease factor rates are based on your time in business, business income, We fund all types of business equipment. You can use an equipment loan to purchase anything from vehicles, salon equipment, office furniture and medical equipment to production equipment or commercial restaurant equipment
The choice of whether to buy or lease your business equipment can be based on a variety of factors, including cost, expected lifetime, ownership options and how to deduct the expense for tax purposes. Ask us about our equipment finance rate and lease factor options. These loans are typically secured by the business equipment being financed, and nothing else.
If you are interested in leasing, we offer a choice of three lease types – $1 buyout, 10% buyout and the option to either purchase the equipment at fair market value or simply return the equipment to the lessor