Equipment Financing Built for Your Business
When you need equipment, you need a financial partner who can help you decide on the best ways to structure support for the acquisition. Whether that means unique ways of financing a purchase or innovative equipment leasing options that allow you to access the right equipment on the right terms depends on your particular needs and resources, which is why 1st Industrial Commercial Lending and Consulting associates are waiting to hear from you.
Startup Program
Most lenders have a hard time with equipment financing for companies that have ben operating for less than two years. Our belief is that investing in these startup businesses is essential.
Leasebacks
When you need to free up equity that is in your existing equipment so you can have access to the working capital that allows you to get other projects off the ground, the leaseback program ensures you can still access it for work purposes for as long as you need to do so.
B, C, and D Credits
Credits for restructuring help you to understand the value and priority of each piece of equipment so that you can select ways to streamline your operation as you reposition yourself in the industry.
Funding Tiers
When you fund your new equipment with us, there are three basic tiers our funding operates at:
- Purchases up to $150,000 with just an application
- Purchases between $150,000 and $500,000 with full disclosures
- Over $500,000 for qualifying applicants with full disclosures
All of our equipment financing packages also come with terms up to 72 months and various repayment structures that allow you to customize your repayment cycle to suit your business cycle.
If you are looking for the equipment leasing and loan financing options that will allow you to buy the equipment you need to confidently expand your operations, contact a 1st Industrial Commercial Lending and Consulting associate today to start an application.