Equipment Loans
Loan
Lease
Sale-Leaseback
Refinancing
Equipment Loan Highlights
Highlights
– Your equipment can help you get working capital with a sale-leaseback
– Most equipment leases include maintenance and repairs
– Refinance to replace your current loan with a lower-cost equipment loan
Benefits
– Get equipment, no matter your credit score
– Get money for equipment you already have
– Shrink your monthly costs when you refinance
– Increase production output and reach efficiency goals
Challenges
– Leasing may not let you count your equipment as a company asset
– The lender may seize equipment if it was used as loan collateral
– Equipment loans are limited to equipment purchases
Alternatives
If leasing or borrowing equipment isn’t right for your business, consider:
– SBA Loans
– Lines of Credit
– Hard Money Loans
Take the next step toward financial access.
Our Firm
Learn more about our approach to financing small and medium sized businesses.
Get In Touch
Not sure about your next step? Talk with a financing expert today.