Term Loan
A fixed sum for a decision you have already made.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Financing
Equipment Financing
For the kit the work depends on.
- Loan amount
- Up to $250K
- Term
- 1–5 years
- Cost
- As low as 8%
- Repayment
- Monthly
Equipment financing
What equipment financing actually is
Equipment financing is secured on the equipment itself. That keeps rates lower than unsecured borrowing and makes approval lean as much on the asset as on your credit file.
It covers far more than heavy plant: refrigeration and ovens, dental chairs and imaging, salon stations, vehicles and trailers, lifts and compressors, tills and computers. New or used, purchased or leased.
What lenders usually look for
What lenders usually look for
- 12+ months in business
- 650+ credit score
- $50,000+ annual revenue
- Strong cash flow can offset a lower score
The application
Get your no-cost quote
About two minutes, no application fee, and no effect on your credit. If nothing suits you, nothing happens.
Rather talk to somebody first? (866) 207-0572.
Six ways to fund the work
This one, and the five beside it
Short Term Business Loan
A year or less, for something with an end in sight.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
For the kit the work depends on.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
For payroll, stock and the wait to be paid.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
A limit that waits until you need it.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Revenue-Based Funding
Decided on your takings, not your credit score.
- Funding amount
- $5K – $500K
- Funding speed
- 24–48 hours
