Equipment Financing
Putting a lien on equipment in order to obtain financing
- Contact us to learn more about Equipment Financing
Call us at 212-258-0602 to speak to a loan specialist today
Simple Equipment Financing
How funding works
- A lien put on currently-owned equipment in order to obtain funds for any purpose
- A lien put on equipment that you are looking to buy in order to obtain funds for its purchase
Rates are based on
- The equipment’s age and condition
- The equipment’s marketability (how easy it would be to sell)
- Your credit
- Your ability to pay back the loan
Required documents
- Year to date bank statements and financials
- Past two years tax return
- Driver’s license
- Debt schedule
- Appraisals document for the equipment
Ask Yourself
- Do you have any valuable equipment?
- What is the age and condition of the equipment?
- Are you looking to buy any valuable equipment?
Good to know
- Why not set up a line of credit now for a rainy day, as you won’t be paying anything until you draw from it?
- Repayment can be made on a weekly or monthly basis
- Great option for business owners with a 600+ FICO score and grossing at least $20,000 per month
Apply now!
Other Services
Mortgage Financing
Put a lien on your property in order to obtain funds