Use Bankroll to get low rate equipment financing for your new or used equipment purchase.
EQUIPMENT FINANCING
Equipment financing is ideal when purchasing new or used equipment. Low rates and repayment terms up to 6 years help preserve business cash flow.
Receive a credit decision same day and funds transferred via ACH or wire to your business checking account in as fast as 24 hours.
Equipment financing can help preserve cash flow to allocate towards other areas of your business.
Equipment financing can help mitigate the risk of investing in a capital asset until it achieves a desired return.
Monthly payments may be deducted as an expense or deduct the full purchase price with Section 179 tax deduction.
Equipment financing enables you to acquire modern equipment and technology updates.
Equipment financing can help to avoid using personal funds for business expenses.
Equipment financing may hedge inflation risk by delaying your outlay of funds over time.
QUALIFICATIONS
How to qualify for equipment financing?
Checking if you qualify for equipment financing takes a few minutes and won’t affect your credit score.
Our goal is to secure the most competitive rate and repayment terms for your upcoming equipment purchase.
| Credit Score | At least 560 |
|---|---|
| Time in Business | At least 6 months |
| Revenue | No minimum |
| Collateral | Equipment |
| Citizenship | Proof of legal residency OK |
Our team has over a decade of experience providing over $2 billion in funding to over 10,000 small businesses.
We value our clients and believe in long-term relationships. This is why 82% of our clients return for additional funding.
We leverage technology to create a transparent, simple and efficient process to get you the best small business loan.
As your dedicated loan specialist, I will get to know you and your business in order to secure the most competitive small business loan. You can reach me directly via phone, text or email during normal business hours.
Funds can be transferred in as fast as 24 hours for working capital and equipment financing. For SBA loans, please allow 2-4 weeks for processing.
Rates start as low as 4% for secured equipment financing. Get in touch with your loan specialist to determine the specific rate for your small business loan.
No. To qualify you for equipment financing, we run a soft credit pull. A soft credit pull will not affect your credit score.
We need your business tax ID and social security number for identification purposes. We will also need an equipment quote or invoice from your selected vendor.
Yes. We utilize 256-bit bank grade encryption technology to ensure that your financial data is safe and secure.
Still have questions? Get in touch