New Tech & Equipment

Your business runs on equipment from phones and computers to machines and presses. But getting that equipment isn’t always affordable. When you use an equipment loan through our lenders, you can break the high cost of equipment into manageable payments.

New Tech & Equipment

Your business runs on equipment from phones and computers to machines and presses. But getting that equipment isn’t always affordable. When you use an equipment loan through our lenders, you can break the high cost of equipment into manageable payments.

New Tech & Equipment

Your business runs on equipment from phones and computers to machines and presses. But getting that equipment isn’t always affordable. When you use an equipment loan through our lenders, you can break the high cost of equipment into manageable payments.

Every business uses equipment, no matter what industry they’re in. Construction companies use earthmovers and pavers. Medical facilities use MRI machines and respirators. For businesses that do most of their production online, important equipment includes network servers and computers. But all of this equipment can be costly, restricting small business growth. Our lenders offer equipment solutions that defer the high cost of equipment and put owning the right machines and tech within reach. Talk to a broker about the wide range of equipment financing options your business can tap into. Equipment loans, leases, and hard money loans help you bring in equipment now and pay later. We can also show you how to get money from the equipment you already own.

Equipment Loans

From copy machines to industrial ovens, equipment loans have you covered when it’s time to upgrade your equipment or bring in new tech. Instead of paying a large sum upfront to buy equipment, you can use an equipment loan and pay in smaller recurring installments. Save your capital for investments back into the business that help you grow faster while still getting the machines and computers you need to move forward. Not all equipment loans, however, are the same. Instead of hopping from lender to lender, trying to find the best deal, let us do the leg work for you. We’ll show you equipment loan options tailored to your business. Our brokers take the time to build relationships that online lenders won’t. So don’t wait to boost your business’s growth because you can’t afford the equipment you need. When you finance it, you can put it to work earning money for you right away.

Equipment Lease

Maybe you need equipment in the short term. Although equipment loans are a great way to buy equipment, they’re not always the best option. While a loan can finance equipment for 10 years or more, you’ll still be paying on it even if the equipment doesn’t last that long. If the equipment you require needs frequent replacements, repairs, or upgrades, leasing equipment can be the better option. Leasing offers a way to get short-term equipment without a big commitment. Equipment leases often cover expenses like regular maintenance and repairs at no extra cost. When your lease is up, choose to renew, upgrade, or return the equipment. Trial new technology to see if it improves your workflow without tying you to a long-term agreement. We’ll match you with equipment leasing options in your area so you get the most out of your equipment and your money. Onboard everything from networks to AI-enabled forklifts when you meet with a broker to explore equipment leasing.
STEP 1

Contact our brokers to help you land the best financing for your needs.

STEP 2

Choose your financing from a range of affordable options.

STEP 3

Position your application for success when you work with a broker.

Sale-Leaseback

Instead of financing new equipment, a sale-leaseback lets you leverage the equity in equipment you already own to get cash. It works like an equipment sale, except you get to keep the equipment the buyer paid for. In return, you lease the equipment back from the buyer. A sale-leaseback is a great way to get a cash lump sum quickly without having to part with the equipment that helps your business run. Utilize one when you need to catch up on expenses, bring in extra inventory, or handle emergency repairs. When your lease with the buyer is up, you may have the option to buy the equipment back or renew the lease. Tell your broker if you plan to buy back your equipment in the future and they’ll match you with a buyer with the right terms. A sale-leaseback doesn’t rely on your credit score, just the value of the equipment. Even if you have bad credit, a sale-leaseback can work for you. Ask us how!

Hard Money Loans

Hard money loans are short-term financial tools that use assets to secure the loan. Unlike a traditional bank loan, hard money loans can be approved in a matter of hours to get your business the capital it needs faster. Because hard money loans are secured on property your business owns, or plans to own, having a low credit score won’t disqualify you from getting financed. All hard money loans are short-term loans, lasting a few months to just a few years. While that means you need to plan wisely, it also means you won’t be making interest payments 10 years from now. Use a hard money loan when you can’t afford to wait weeks or months for a boost to your capital. Why use a broker to find a hard money loan? Because we develop lender relationships the online lenders can’t so we can match you with the most affordable rates around.

Alternatives

If new tech & equipment isn’t what you’re looking for, try:

SBA 7(a) & 504 Loans

Both of these loans through the SBA provide up to 10 years of financing with a low 10% minimum down payment. With SBA-capped interest rates, you can access some of the best rates in the market, even without the best interest rates. Learn how the SBA can help you buy real estate, equipment, businesses, and more. Talk to a broker today.

Bridge Loans

These loans help cover the gap between your current needs and long-term financing. It can take a while for traditional long-term financing to be approved, and even longer to actually be funded. A bridge loan lets you cover expenses immediately while you wait for the long-term loan to come through. Ask a broker for more details.

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Do you have questions about financing your business? With so many options, it's hard to know when you are getting clear information. We are happy to help you navigate the financing process and to provide you the information you need to step confidently forward into quality financing.