Used Business Equipment Financing
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.
Used business equipment financing. From heavy equipment like forklifts to large medical equipment having the equipment you need is a necessary part of your business. 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. You might be able to negotiate a better deal because suppliers and vendors are always eager to move used equipment off their lots and showrooms to make room for new equipment. Money equipment leasing vs.
With equipment financing and leasing you can get up to 150 000 in funding for financing your new or used business equipment. Financing used equipment is a smart business move. You can access equipment loans equal to up to 100 of the value of the equipment you re looking to purchase. Don t be deterred by the huge cost of equipment.
Or if you re just starting out your small business used equipment is a great way to start up your business. We can help you and your business. These loans are then paid back over time with interest. Equipment financing refers to a loan used to purchase business related equipment such as a restaurant oven a vehicle or a copier scanner.
Since the equipment is usually costly equipment financing allows small businesses to access higher amounts by using the equipment as collateral. Equipment loans provide for periodic payments that include interest and principal over a fixed term. Thus the borrowing amount is directly based on the equipment s price. Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms.
Lock in a low lease payment with agdirect s special lease residuals. Equipment financing is essentially a term business loan used to purchase equipment. 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.
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.