Small Business Equipment Financing
Qualifications
- 2 year Time in Business
- Transactions from $10,000 – $250,000
- Time Licensed Considered for Medical Professionals
- Min 670 Fico Required
- 24-84 Month Terms
- New and Used Equipment
- Dealer and Private Party Equipment Accepted
- No Bankruptcy within last 2 Years
Application Process
- Completed Credit Application
- 3 Months Bank Statements
- Dealer Invoice and Equipment Specs
Timeline
- 1-3 Business Days after full application submission
Heavy Equipment Financing
Used to purchase Heavy Duty Equipment in the Logging, Transportation, Construction, Recycling, Aviation, Oil & Gas , Marine Industries
Qualifications
- 2 year Time in Business
- Transactions from $25,000 – $20,000,000
- Min 670 Fico Required
- 24-84 Month Terms
- New and Used Equipment
- Dealer and Private Party Equipment Accepted
- No Bankruptcy within last 2 Years
- Paynet Required on Some Transactions
Application Process
- Completed Credit Application
- 3 Months Bank Statements
- Dealer Invoice and Equipment Specs
Timeline
- 1-7 Business Days after full application submission
Additional Items needed For Transactions over $250,000
- Past 2 Years Business Tax Returns ( For Transactions over $250,000)
- Past 2 Years Business Financials – PL, Balance Sheet, Income Statement
- Interim Financial Statements
- Business Debt Schedule
- PFS ( Personal Financial Statement
- Past 2 Years Personal Tax Returns
Equipment Types
- Long Haul Trucking Equipment
- Passenger Vehicle Equipment
- Aviation Equipment
- Heavy Construction Equipment
- Oil & Gas Industry Equipment
- Agriculture & Farming Equipment
- Recycling Industry Equipment
- Manufacturing Equipment
Subprime Equipment Financing
Used for Business owners with less than 2 years time in business or who doesn’t meet the minimum 670 Fico Score Requirements.
Qualifications
- Sole Proprietorship, Start-up Business Entity
- Transactions from $25,000 – $250,000
- Min 550 Fico Required
- 24-48 Month Terms
- New and Used Equipment
- Dealer and Some Private Party Equipment Accepted
- No Bankruptcy within last 2 Years
Timeline
- 1-10 Business Days after full application submission
Application Process
- Completed Credit Application
- 3 Months Bank Statements
- Dealer Invoice and Equipment Specs
Equipment Type
- Small Business Equipment and Heavy Equipment Financing Available