What is Equipment Financing?

Equipment financing is a loan option for business owners to purchase a physical asset (equipment) for their business (like a landscaping business purchasing a lawnmower).

• Amount: Up to $5m per piece (Startups can get funding up to $50,000, could be more depends on the schedules)
• Speed: 7-15 days
• Rate: starting at 5%
• Term: 1 to 5 years

Qualifications:

• Personal Credit Score above 580 (with good quality or track records) (680+ for startups)
• Revenue showing he can pay back the monthly payment.