Equipment financing

Equipment leasing and finance

1 (800) 317-4933

Equipment financing.  Our equipment finance and leasing facilities offer a number of options, including: 

  • Capital Lease
  • Finance Lease
  • Net Lease
  • Open-End Lease
  • Operating Lease
  • Sale Lease Back
  • True Lease

BASIC TERMS | INVENTORY REVOLVER

  • $500,000 to $25 million (Higher case by case)
  • Advance rates of up to 75% of forced liquidation value
  • One borrowing base with receivables facility
  • Typically 24-month term with a balloon
  • 3 to 10 years amortization
  • New and used equipment, but generally loans are against used equipment
  • Easy application to funding process

BASIC TERMS

  • $500,000 (Minimum)
  • Minimum two (2) years in business
  • Last two years of financials and interim
  • Debt coverage ratio: 1.30x


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