Term Loan
The benchmark everything else is measured against.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
One of six options
Equipment Financing
Secured lending, and priced accordingly.
- Loan amount
- Up to $250K
- Term
- 1–5 years
- Cost
- As low as 8%
- Repayment
- Monthly
Equipment financing
How a equipment financing is priced
Because equipment financing is secured against the asset, it prices below unsecured borrowing and approval depends partly on what you are buying rather than only on your file.
Almost any business equipment qualifies: vehicles, refrigeration, medical and dental gear, salon fittings, workshop machinery, computers and point of sale. New or used, bought or leased — and lease versus purchase is itself worth comparing.
Before you sign
What lenders look for
- 12+ months in business
- 650+ credit score
- $50,000+ annual revenue
- Ask for lease and purchase quotes side by side
The application
See your offers
About two minutes to apply, no cost, and no effect on your credit. You are under no obligation to accept anything that comes back.
Rather talk to somebody first? (844) 220-3232.
The options
Priced against the other five
Short Term Business Loan
Less interest in total, more out of each month.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
Secured lending, and priced accordingly.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Short money for running costs, collected often.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Priced on what you draw, not what you are approved for.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
The one that needs the closest reading.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%