Used Business Equipment Financing

Equipment financing refers to a loan used to purchase business related equipment such as a restaurant oven a vehicle or a copier scanner.

Used business equipment financing.

Equipment financing is essentially a term business loan used to purchase equipment. Or if you re just starting out your small business used equipment is a great way to start up your business. We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers. Don t be deterred by the huge cost of equipment.

With equipment financing and leasing you can get up to 150 000 in funding for financing your new or used business equipment. Equipment loans provide for periodic payments that include interest and principal over a fixed term. Contact first capital for your used equipment financing. If you re ready to start on your journey towards securing used equipment for your business contact first capital business financing today.

Equipment financing is a type of business loan that provides capital specifically for the purpose of purchasing new or used equipment whether vehicles machinery or technology. From heavy equipment like forklifts to large medical equipment having the equipment you need is a necessary part of your business. These loans are then paid back over time with interest. We can help you and your business.

Equipment financing lets you finance up to 100 of the cost of new or used equipment for your business such as ovens for a restaurant machinery or company cars. Since the equipment is usually costly equipment financing allows small businesses to access higher amounts by using the equipment as collateral. Lock in a low lease payment with agdirect s special lease residuals. In addition to having a lower price point used business equipment often has special discounts or promotions available.

Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. What you need to know when your business needs equipment but you don t have the cash to buy it outright you have two options. Financing used equipment is a smart business move. Thus the borrowing amount is directly based on the equipment s price.

You can access equipment loans equal to up to 100 of the value of the equipment you re looking to purchase.