Used Business Equipment Financing

Contact first capital for your used equipment financing.

Used business equipment financing.

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. 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. What you need to know when your business needs equipment but you don t have the cash to buy it outright you have two options.

Since the equipment is usually costly equipment financing allows small businesses to access higher amounts by using the equipment as collateral. You can access equipment loans equal to up to 100 of the value of the equipment you re looking to purchase. If you re ready to start on your journey towards securing used equipment for your business contact first capital business financing today. Lock in a low lease payment with agdirect s special lease residuals.

Thus the borrowing amount is directly based on the equipment s price. 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. Equipment loans provide for periodic payments that include interest and principal over a fixed term. 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.

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. From heavy equipment like forklifts to large medical equipment having the equipment you need is a necessary part of your business. 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.

These loans are then paid back over time with interest. Financing used equipment is a smart business move. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. Equipment financing refers to a loan used to purchase business related equipment such as a restaurant oven a vehicle or a copier scanner.

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.