Equipment Financing
How Equipment Financing Can Benefit Your Business
Every business needs equipment. The tools vary depending on the operation, but they are essential in every industry.
Raising Capital Solutions knows the importance of having access to the right equipment when needed. We offer equipment financing and leasing programs for almost all types of business-related equipment, from backhoes to computer software.
Our financing and leasing options have a quick turnaround window for approvals. For smaller ticket items, an applicant can expect a response in 24 hours. Larger ticket items require more consideration, so approvals can take three to five days.
All of our equipment programs come with several advantages. Some of the most significant include:
- Terms up to 84 months
- No financial statements for applications up to $150,000
- Little to no down payment
- Loan caps of $500,000 for middle-market financing
- Various payment structures
Programs We Offer
We offer four programs for various applicants: government and municipal leasing programs, startup programs, sale and lease-back programs, and poor credit programs. Our government and municipal leasing programs include guaranteed equipment leasing and financing for recognized entities, including:
- Federal and state agencies
- Armed services
- Police departments
- Firehouses
- Public schools
Our startup programs are for businesses with less than two years of operational experience. We can offer financing options to secure essential equipment for your products or services.
Our sale and lease-back programs allow applicants to use equity as working capital. We purchase the equipment and lease it to you. At the end of the lease, ownership of the equipment is yours.
Finally, our B, C, and D credit programs are designed to help those with poor credit receive equipment financing. This is a perfect option for companies with credit profiles that ebb and flow with the economy.
Benefits of Leasing and Financing
There are many benefits to leasing and financing. Some of the more significant benefits include:
- Low, fixed monthly payments
- Preservation of existing credit lines
- Elimination of equipment obsolescence
- Working capital
- Accounting and tax benefits
Contact Us Today
Are you ready to get the equipment you need for your business? Contact our offices and start the application process.