Equipment financing allows business owners to acquire new equipment from a vendor or dealership. Funded Capital has several Equipment Financing options that don't require any down payment and offer flexible terms.
The amount you borrow through a business equipment loan depends on the type of equipment you’re purchasing and whether that equipment is new or used. Those two things are crucial in the approval process, since the equipment ultimately serves as collateral to secure your loan.
Most small business equipment loans are made at fixed interest rates with the option to refinance as early as 6 - 12 months.
Our equipment finance programs are far less restrictive than your local banks or dealer financing options. The requirements needed are as follows: