EQUIPMENT FINANCING
Learn More About Equipment Financing for Your Business
What is the purpose of equipment financing for modern businesses? This type of loan is designed specifically to help business owners find affordable options for acquiring equipment. It can help you get the machinery or business equipment you need to provide top-tier service for your customers.
At Wingspan Funding Inc., we provide equipment loans for many industries:
- Restaurant equipment
- Construction equipment
- Heavy machinery for manufacturing
- Equipment for retail stores
- Transportation equipment
Whether your business provides janitorial services, commercial plumbing work or landscaping, we can help you purchase the items necessary to stand out. Discover excellent rates and terms right away.
Accessible Equipment Financing
Some business owners think that an equipment loan is too difficult to qualify for or that machinery is too expensive to purchase. With the right type of financing, these obstacles disappear. Our goal is to make each step in the process as easy as possible. Take a look at how business-friendly our requirements are:
- Average credit score acceptable
- Low down payment or no money down at all
- Two years in business
- Experience with some type of financing
- Only basic business documents for many loans
With equipment financing for middle-market items, you don’t usually need to show any financial documents. We can have your loan approved and ready to go in under a week. We customize the terms to your business, so it’s often possible to get monthly payments that are comfortable for your working capital.
Is Equipment Leasing a Better Option?
For some businesses, equipment leasing provides a better fit for company goals. Leases are flexible and simple to qualify for. They work especially well when:
- You want low monthly payments
- You plan on upgrading the equipment frequently
- You prefer to avoid a down payment
- Your business needs to keep as much working capital on hand as possible
Contact Us
We have extensive experience with both Capital and Operating Leases