Starting at 5%
Up to $5M Each
1 - 5 Years
3 - 10 Business Days
$250K+
600+
1 Year+
Equipment financing refers to a loan used to purchase business-related equipment, such as a restaurant oven, vehicle or copy machine. When you take out an equipment loan, you'll need to make periodic payments that include interest and principal over a fixed term.
Equipment financing is a type of small-business loan designed specifically for the purchase of machinery and equipment essential to running your business. You can use an equipment loan to purchase anything from office furniture and medical equipment to farm machinery or commercial ovens.
Equipment financing refers to a loan used to purchase business-related equipment, such as a restaurant oven, vehicle or copy machine. When you take out an equipment loan, you'll need to make periodic payments that include interest and principal over a fixed term. As security for the loan, the lender may require a lien on the equipment as collateral against your debt, similar to how an auto loan works. Once the loan is paid in full, you own the equipment free of any lien. The lender may also impose a lien upon some of your other business assets or require a personal guarantee. If you fail to repay your loan, the lender could repossess your business assets, and even your personal assets if you gave a personal guarantee. You'll need to carefully review the loan terms to understand your risk.
Click the Get Funded Now button bellow and fill in the basic information such as your info, the amount you seek to finance, your company invoice revenues and any invoices you would like us to factor (optional) and we'll get back to you with an approval including loan amount and terms within 24hrs in many cases in as as little as one hour
Leverage Fundings strives to get you approved, we have an excellent record of approval with nearly 97% approval rate, we know that no business is exactly alike and we take the time to understand your business model and tailor made a custom loan that will fit your business needs best, unlike traditional bank loans we look at a lot of different factors aside from just P&L, credit score, years in business, ect,. Leverage Fundings go above and beyond to look for alternative ways to fund you, including any assets, business equipment, monthly revenues, account receivable or your monthly merchant revenues to fund you with good credit, fair credit, bad credit or even no credit at all, with that said, sometimes it is still hard to fund some companies in this case we have a special program that allows us to get you funded even if the numbers don't look as good, in that case you may qualify for only 75% of the desired loan amount with higher interest rates
Starting at 5%
Up to $5M Each
1 - 5 Years
3 - 10 Business Days
$250K+
600+
1 Year+