Equipment Purchase

Equipment loans help finance the equipment your company needs to do business.  You get ownership of your equipment today, use it to generate revenue tomorrow, and then pay for the equipment with the income generated. 

Since many are done through non-recourse financing, many equipment loans require no collateral.  The equipment purchased serves as the collateral for the loan, which makes these style loans ideal for small business owners who have been denied a loan from another lender. Because they are protected by the purchase they tend to be much faster than other asset-based loans, allowing companies to move quickly on getting the equipment that they need to function

Equipment Leasing

Leasing has a number of benefits over purchasing your equipment directly and can be a great solution to enhance a company’s liquidity, help manage cash flow, and optimize their balance sheet.  True leases avoid down payments by financing the equipment 100 percent, which is also used as collateral, significantly decreasing a company’s risk exposure. 

Leasing is not ideal for every business, However, for short-term or temporary usage a lease is an ideal solution. Businesses no longer need to worry about non-functioning equipment, or being stuck with obsolete equipment that is difficult to sell.

Equipment Sale-Leasebacks

A sale with leaseback loan can be the perfect financial vehicle for companies that need to receive funding quickly.  If your company owns equipment (such as vehicles, heavy machinery, manufacturing tools, and so on), then you can use these assets get financing in days.

Cash through an equipment sale-leaseback comes much more quickly than searching for a buyer to purchase your equipment outright.   Most importantly, this approach allows your business to continue using the equipment in its daily operations. 

You sell us the title to the equipment and receive immediate cash from the sale. Meanwhile, your business retains the full right to use the equipment through an ongoing rental agreement.  This approach combines all the advantages of funding speed with longer terms, low payment options, and lower rates.

Hard Money Equipment Loans

A hard money loan is typically a few months to a few years in length and is secured by real property such as equipment or machinery. They are most effectively used to provide temporary funding for financial situations or while a business is waiting for long-term financing to be approved.

Many times a hard money loan can be acquired even if money is still owed on the property or equipment. Funding is usually up to 75% of the value of the property and can be used for most business operations including the purchase of new equipment, employee wages, inventory, and construction projects. Payment for hard money loans is usually the interest on the loan, with the final balance due at the end of the term typically in the form of a balloon payment.