Equipment Financing
Apply Online for a Equipment Financing
Upgrade your Equipment and Free Up Working Capital in the Process
$5,000,000
7.5% of your monthly revenue
24 Hours
Business owners are constantly seeking ways to provide excellent service to their customers. Equipment financing is a type of funding that is less risky for lenders when compared to traditional term loans. It’s a financial arrangement where you obtain funding to purchase or repair equipment, tools, technology, or machinery necessary for the operation of your business.
The equipment financing program offered by FundMate provides businesses with a swift and cost-effective means to acquire new equipment or repair existing ones. This can significantly enhance a business’s productivity, efficiency, and overall service quality.
While traditional banks typically offer the most favorable interest rates and terms for equipment financing, they often have strict credit standards and lengthy approval processes. This can make it challenging to secure the necessary funding quickly, which can be crucial for businesses needing to purchase or repair equipment to maintain or improve their operations.
Secure financing with APRs as low as 7.5%, thanks to the lower risk of equipment loans compared to term loans.
A credit score of 550 or above is sufficient, as the equipment serves as collateral.
Get started with $0 down; we cover 100% of the equipment cost.
No hidden fees or pre-payment penalties. We walk you through the entire process, terms, and payment schedule keeping it crystal clear.
Equipment loans serve two main purposes: repairing existing equipment and acquiring new assets to fuel your business growth. This type of financing is specifically designed to fund various business-related equipment needs, including Commercial Vehicles, Medical Equipment, Restaurant Appliances, Construction Tools, Manufacturing Machinery, Farm Gear, Office Essentials, and more.
What sets our equipment financing program apart:
Equipment loans are an attractive choice for lenders for several reasons. While their specific requirements may vary, equipment loans are generally accessible to a wide range of business owners, including minority entrepreneurs, those with less-than-perfect credit histories, or newer businesses.
Here are the typical qualifications for equipment financing. You will need a credit score of 550 or above, and have at least 6+ months in business. There is no down payment: Most lenders do not require a down payment, as they cover 100% of the equipment cost.
These accessible requirements make equipment financing an attainable option for a diverse range of business owners, promoting business growth and accessibility to funding opportunities.
Fill Out Our Quick & Easy Online Application
We Find The Best Possible Offer For Your Business In Minutes
Receive The Funds In Your Account In Under 24 Hours
Traditional banks can be time-consuming, delaying your ability to make quick purchases. At FundMate, we understand that business owners often have limited time to navigate the financing process. That’s why we prioritize speed, ensuring you can acquire what you need promptly.
If you have any questions or concerns, don’t hesitate to reach out to one of our specialists. They will assess your requirements, provide explanations, and guide you through the process, making sure you get the support and funding you need efficiently and without unnecessary delays.
