Equipment Financing is used exclusively to acquire business-use equipment, but can also be used to obtain cash on paid-off equipment. Approvals are typically based on credit score, collateral, financial history and value of the equipment.This program is used when a client need to acquire equipment and cannot afford to purchase the amount of equipment required or needs to reserves their working capital.
- Equipment Lease Program – 50,000+
- Turnaround to Lease = 3 to 5 working days
- Interest Rate = 9 – 18% (based on credit score)
- Pre-approval = 24hours
- Credit 700 Plus FICO score