Charley Pangus
value
%
Equipment
Financing
Loans
Leverage your collateral.
A loan that is used to buy equipment for your business. The equipment is used as collateral.
loan amount
dependant on the value of the equipment
financing speed
from
24
hrs
up to 1 week
interest rate
9-40
%
starting at
tax deductible
YES
in interest paid
tax benefit
YES
based off of depreciation of asset
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Equipment Financing
A loan that is used to specifically buy equipment for your business. This equipment can range from office furniture to farm machinery. Since the equipment is used as collateral, in the case of a default you could lose your business’ equipment.
Features:
Amount: Varies
Interest Rates: ~9%-40%
Loan Terms: Varies
Get Pre-approved Today
Apply Now
Pros
Low interest rates on average
You own the equipment outright
Interest paid is tax deductible
Equipment depreciation tax benefits
Cons
Financed equipment could become outdated while you’re still paying it off
Could require a high initial down payment
“Tim and Kevin are an amazing duo who are super responsive and pushed to help us get the funding we needed fast. Great team great service"
“Tim and Kevin are an amazing duo who are super responsive and pushed to help us get the funding we needed fast. Great team great service"
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