Equipment Financing Companies Near Me

Minimum fico score requirement below 700.

Equipment financing companies near me.

We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers. At crest capital our strength is providing small and medium sized businesses with the equipment vehicle and software financing you need at better rates while also eliminating the hassle often encountered with typical bank loans. In february 2020 credit approvals for equipment financing totaled 74 7 percent according to the elfa s monthly leasing finance index. Most equipment financing companies won t touch startups and of those that do the majority want to deal only with borrowers that have pristine credit or so much money in the bank that they don t really need financing.

Our mission is to help you gain access to the very best leasing and financing products to grow your business. And at the same time the total number of dedicated equipment finance companies was down 3 1 percent year over year. Leverage equity with a secured loan you can take advantage of the equity in your existing equipment or use newly purchased equipment as collateral. Equipment leasing companies most common lease type is a capital lease which may also be referred to as a nominal or 1 dollar buyout lease.

Here are 4 of the best equipment financing companies for startups. We understand that your business is an extension of you. Funds available within one week of approval. What the top five equipment financing companies have to offer.

Nationwide equipment leasing financing company. See what falcon leasing can do for youfalcon leasing is here to help with your equipment financing needs during the covid 19 pandemic. This figure fell from 76 3 percent in january. The equipment financing companies on our list were chosen based on the following criteria.

Taycor financial has been a partner to the small and medium sized business community for nearly three decades. Small business relief read more falcon national bank has small business financial solutions to help provide relief during challenging times. A premier finance company klc financial inc. Headquartered in minnetonka mn we lease and finance capital equipment and assets for businesses nationwide.

Was founded in 1987. Corporate equipment acquisition financing or leasing allows you to take possession of equipment quickly while preserving working capital for other strategic purposes. Flexible repayment terms with no prepayment penalties.