Our Services
Funding Options
- ACH Funding or Credit Card Splits
- SBA Loans
- Lines of Credits
- Interest only loans (Commercial real estate)
- Business term loans (up to 20 years)
- Funding amount from $5,000 to $10,000,000
- Delivery of receivable schedule daily, weekly, bi-weekly, or monthly
- Length varies from 21 days to 504 days
- We will Payoff Multiple advances and Loans
Equipment Finance & Leasing
Equipment financing is a type of business loan specifically used to purchase equipment or machinery needed to operate a business. With
equipment financing, the lender provides funds to the business to purchase the equipment outright, and the business repays the loan over
time, typically with interest, through fixed monthly payments.
An invoice of the equipment is required at the time of applying!
What's the difference between financing and leasing?
What is the interest rate and term?
Do you need collateral?
1+ Years in
Business 650+
Min Credit Score
2-10% Rate
What's the difference between financing and leasing?
Unlike leasing arrangements where the equipment remains
owned by the lessor, equipment financing allows the business to
own the equipment outright from the outset. Once the loan is
fully repaid, the business owns the equipment free and clear.
Equipment financing loans usually have fixed interest rates and
fixed repayment terms, often ranging from 1 to 10 years,
depending on the expected useful life of the equipment. The
interest rate and terms may vary depending on factors such as
the lender, the business's creditworthiness, and the type of
equipment being financed.
Depending on the tax laws in the business's jurisdiction,
equipment financing may offer tax benefits such as
depreciation deductions and interest expense deductions. These
tax benefits can help reduce the overall cost of financing the
equipment.
• Down payment of at least 10% is required for higher-risk applicants
• A Lease is suggested for when the business wants to replace the equipment at the end of their lease with a newer model
• Restrictions for over the road (OTR) trucking
.jpeg/:/cr=t:11%25,l:0%25,w:100%25,h:78%25/rs=w:1209,h:605,cg:true)
Revenue Based Financing
Revenue Based Financing is a product that advances funds based on the future sales of the business. Usually called a Business Advance or
a merchant cash Advance(MCA). This financing provides businesses with a lump sum of cash in exchange for a percentage of future
credit card sales or bank deposits, which are automatically deducted until the advance, plus a fee, is fully repaid.
Unlike traditional loans with fixed monthly payments, a merchant cash advance is repaid through a portion of the business’s daily credit
card sales or bank deposits, which are automatically deducted until the advance, plus a fee, is fully repaid.
Highlights of a Merchant Cash Advance
Fast Access to Cash: A Merchant cash
advance typically have a quick
application and funding process, allowing
businesses to access funds within days,
making them suitable for businesses that
need immediate capital.
Flexible Access to funds: Businesses can
access funds from their line of credit at
any time, up to the approved credit limit.
This flexibility allows businesses to
manage cash flow fluctuations, cover
unexpected expenses, or take advantage
of growth opportunities.
Interest-only Payments: Typically,
businesses are only required to make
interest payments on the amount
borrowed, rather than paying down the
principal balance in fixed installments.
This can provide greater flexibility in
managing cash flow.
Draw fees from 1.99% - 2.99%
9 - 36 month term with weekly or monthly payments based on approval
Simple interest as low as 1% per month
Credit utilization is a big qualifier