If your business needs new equipment, but you don’t have enough available cash to make the purchase then this is a great option for you. Our equipment financing product allows you to choose between purchasing your new equipment or leasing it with rights to renew. Equipment loans involve regular payments that include both the principal and interest. Equipment leasing is similar to leasing a car where you pay “rent” for use of the equipment over a specified amount of time.
Loan Size
$10K – $500K
Term Length
0 – 7 years
Interest Rate
As low as 5.99%
Payment Frequency
Monthly
Qualifications
Minimum FICO
600+
Time In Business
1 year
Monthly Revenue
$15,000 minimum
Banking
Business Checking
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