Equipment Financing

Amount:

$25,000 – $500,000

Term:

1 – 5 Years

Amount:

$5,000 – $300,000

Term:

4 – 24 Months

Amount:

$5,000 – $100,000

Term:

1 – 2 Years

Amount:

Up to $250,000

Amount:

Up to $200,000

Term:

1 – 12 Months

Actual offers vary based on your application information and lender.

Apply for Funding

Equipment Loans

Equipment is a vital need for any business — whether it’s heavy machinery, tools, office supplies, technology or anything else that helps get the job done. New equipment can often lead to improvements that generate extra revenue and, in that regard, can virtually pay for itself. But what if you don’t have the money up front to pay for your vital equipment? Equipment financing can cover the money you need.

A business will typically need good business credit in order to get equipment loans. Alternatively, small business owners can use alternative loans, such as lines of credit or working capital loans to purchase equipment they need.

Advantages of Equipment Financing

Quick and convenient

Quick and Convenient

Many financiers can service these online or with minimal time spent underwriting.

Working Capital

Maintain Working Capital

Hold on to your working capital so it can be used for other areas of your business.

Better interest rates

Better Rate

The equipment often serves as collateral for the financing, which may allow the business to receive a better rate than unsecured funding.

What Does The Business Backer Provide?

Determining if either equipment financing or equipment leasing is right for your business can make a significant impact on your company’s bottom line. That’s why The Business Backer takes a big picture approach. The Business Backer is your one-stop shop for business funding. Our Funding Advisors consult with you one-on-one online or over the phone to help you get the best choice for your business’s needs. As we evaluate your needs, we will help match you with the right product, either directly with us or through our True Relationship Network™ of partners.

Our online application process is fast and simple, and we look at a wide range of factors to get a holistic view of your business before determining your funding options. That way you’re getting an option that fits your unique business needs. Apply now or speak to a Funding Advisor today!