Equipment Finance Companies

Equipment financing refers to a loan used to purchase business-related equipment, such as a commercial oven, a vehicle or a 3D printer. Equipment loans provide for periodic payments that include interest and principal over a fixed term. As security for the loan, the lender may require a lien on the equipment as collateral against your debt. Once the loan is paid in full, you own the equipment free of any lien.

The structure of an equipment loan may also impose a lien upon additional business assets or require a personal guarantee. Failure to pay your loan may result in the repossession of your business assets or your personal assets—in the case of a personal guarantee. A careful review of the loan terms is vital to understanding your risk.

Equipment financing is distinct from equipment leasing, wherein you pay the owner of the equipment periodic rent for use of the equipment over an agreed-upon period of time. At the end of the leasing term, unless you agree with the owner on renewal terms or a buyout, the equipment is returned to the owner. Generally, the qualifications for leasing are less stringent than for financing; however, if the equipment is necessary to your business, the endless payments on leased equipment without the prospect of future outright ownership may prove a more costly option.

 

This is not an endorsement for these companies so please perform your own due diligence before working with them.

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Amur Equipment Finance

Amur Equipment Finance draws upon years of asset financing knowledge, diverse industry coverage and situation-specific underwriting expertise to provide fast, friendly and flexible financing solutions. They are active in both small-ticket and middle-market lending, from $10k to $2MM and beyond, servicing A-C credit profiles with terms of 36 to 84 months.
Amur Equipment Finance works with small businesses, entrepreneurs, manufacturers, distributors, brokers, and resellers to help them fulfill their business dreams. 


Products:
  • Operating Lease
  • Finance Lease
  • Equipment Finance Agreements

Flexible Structures:
  • Deferred Payment Plan
  • Step Payment Plan
  • Seasonal Payment Plans
  • Balloon Payment Plan
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Ascentium Capital

Need new or used business equipment or technology to generate business growth? Turn to Ascentium Capital, one of the nation’s leading equipment financing companies. Their finance specialists are ready to offer you fast, flexible financing options.
It typically only takes minutes to apply. If approved, you may structure payments with potential tax advantages!

Ascentium offers:
  • Flexibility: We offer financing up to $2 million for new and used equipment and technology 
  • Simplicity: For up to $250,000, all that’s typically required is a quick application
  • Fast service: Quick credit decisions for most transactions
  • Low-to-no upfront costs: Deferred payment options
  • Buying confidence: With pre-approvals, companies know what they can afford to spend when shopping for equipment
 
Ascentium has provided businesses with over $7 billion in financing.
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Crest Capital

Choose the equipment you need, from the seller of your choice, and Crest Capital will provide you with no-hassle financing.
In business since 1989, Crest is a direct lender, providing new and used equipment, vehicle, and software financing at great fixed rates and business-friendly terms.
Finance amounts range from $5,000 to $500,000; 24 to 72 months. 
  • Low Rates / Flexible Terms
  • Better (and Easier) than a Bank
  • Fast Approvals (Within Hours)
  • Section 179 Friendly!
  • Easy “No Paperwork” Application
  • Progress Payments / Re-fi’s / Payoffs
  • Used Equipment = OK
  • Private Party Financing is Welcome

     
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Crestmark

Crestmark, a division of MetaBank, is a skilled provider of financial solutions for business-to-business companies. They can create a fixed rate leasing solution to acquire equipment from one or multiple manufacturers. Their team can quote competitive payments designed to fit into your budget.
You simply select all of the equipment; then, Crestmark develops a buyout (Fair Market Value, $1) and pricing (monthly, quarterly, annually) options for you to choose for your lease financing program.

As the full-service leasing division of Crestmark, their financing professionals work with your team throughout the lease period to handle the many facets of equipment acquisition:
  • procurement of equipment (quotes, purchase orders, reviews, etc.)
  • online asset management during the lease through their proprietary assetCONNECT® secure portal
  • and a full complement of end of lease services such as logistics, removal, certified recycling, destruction, or purchase.
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National Funding

Work with National funding to upgrade your equipment and free up working capital in the process. Sometimes getting the right equipment for your business may require additional working capital. National Funding equipment financing loans help businesses get the equipment they need.
 
  • Get up to $150,000 for equipment that’s crucial for running your business
  • Lease new or pre-owned equipment
  • Lease about any type of new or pre-owned equipment
  • You decide what equipment your business really needs
  • Improve your business efficiency with new equipment
  • Get equipment financing without a significant outlay of money
  • Hold onto hard-earned cash for use in other parts of the business
  • Flexible payment options are available

    Qualifications:
  • in business 6 months
  • over 575 FICO score
  • from a vendor Equipment quote 
 
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Universal Finance

When your business needs equipment financing fast, look no further than Universal Finance Corp. for all your asset-based lending needs. They offer a personalized approach backed by years of experience and equipment knowledge in various industries. Their decision to finance a new customer is done internally and is determined by 3 C’s – Credit, Collateral & Character.
As a Direct Lender, all final decisions are made “in-house”. This advantage allows us to offer fast, flexible financing options.

FUNDING OPTIONS: Financing for all your business needs from one piece to commercial fleets.
RAPID RESPONSE: All decisions are made in-house, so you never have to wait long for a decision.
FLEXIBLE TERMS: We offer a wide variety of payment options, rates, and schedules.