Explanation
Because the equipment secures the loan, approval criteria are often more flexible than for unsecured term loans.
Section 179 deductions and bonus depreciation can make equipment financing especially tax-efficient.
Examples
- •Commercial vehicles
- •Manufacturing machinery
- •Medical equipment
- •Restaurant kitchen equipment
- •Construction equipment
Find out where you actually stand
Funding readiness scoring, before you apply anywhere.
We review bankability, banking history, business credit file and documentation against what underwriters look for, so an application goes out when it can survive review.