Equipment Financing

Equipment financing is a smart way for businesses to acquire the equipment they need to grow their operations. With this type of financing, you can take out a loan or lease to borrow or purchase hard assets such as machinery, healthcare equipment, kitchen equipment, and other large assets that help you increase your production and grow your business. 

Here are some key features of equipment financing:

• Flexibility: You can receive the equipment you need now while paying for it over a period of time. Equipment financing is ideal for businesses that need a piece of equipment long-term but can’t afford to make the purchase upfront
• Amount: Loans are available up to $500,000
• Term: Average term is up to 5 years
• Collateral: No collateral is required

Equipment financing is an excellent choice for business owners looking to grow their operations and acquire the equipment they need to succeed. With flexible repayment options and no collateral requirements, equipment financing is a great way to make large equipment purchases without breaking the bank.