We Specialize in Two Types of Loan Programs
We offer the following two types of equipment and machinery loan options in order to meet the needs of all our clients. We offer competitive loan rates and fair terms. As part of our dedication to service we offer fast loan approvals and funding in order to get the equipment and machinery your business needs is not delayed due to funding red-tape. Please contact us to find out how we can structure a loan program for your individual needs.
Fixed Rate Loan
A Fixed Rate Loan for equipment and machinery has a fixed interest rate for the length of the loan. You might want to choose this type of loan if interest rates are low and the duration of the loan is what makes sense for your business model.
Contact us for the latest information about interest rates and how we can find a financing solution that meets your manufacturing equipment needs.
Variable Rate Loan
Variable Rate Loans are also known as “Floating Rate Loans” and “Adjustable Rate Loans”. This is a good strategy for a savvy manufacturer whose goals are to preserve working capital initially and as their productivity increases so does their ability to take on more debt. A Variable Rate Loan for equipment and machinery is structured around following the prime lending rate with spreads of 1% or more, depending on the creditworthiness of your business.
Learn more about our Variable Rate Loans for New Equipment and Machinery and Variable Rate Loans for Used Equipment and Machinery.