Business Term Loan
A lump sum at a fixed rate, repaid on a schedule set before you sign.
- Funding amount
- Up to $1M
- Rate
- Starting at 5.5%
$10,000 – $250,000
Equipment Financing
Buy the thing the work runs on, with the thing itself as the security.
- Funding amount
- Up to $250K
- Term
- 1–5 years
- Rate
- As low as 8%
- Repayment
- Monthly payments
Equipment Financing
What equipment financing actually is
Most owners hear equipment financing and picture diggers and tractors. Construction plant is certainly financeable, and so are ovens, chairs, vans, scanners, servers, refrigeration, tills and the unglamorous things in between.
Because the equipment secures it, this is the one product here that will look past a thinner credit file — and the one where something can be repossessed if it is not paid. Lenders usually want twelve months trading, $50,000 of annual revenue and a score around 650, and solid recent cash flow argues well if a score falls short.
What it gives you
Why a business takes this one
- Secured on the equipment bought
- Term matched to its working life
- Looks past a thinner credit file
- New or used, bought or leased
The application
One application, all six programs
About fifteen minutes, no fee, and no hard credit check to see what comes back. A funding expert is your single point of contact from there.
Rather talk to somebody first? (866) 221-4047.
What can fund it
This one, and what the others reach
Business Line of Credit
A limit you draw on when you want it, paying interest only on what you take.
- Funding amount
- Up to $1M
- Rate
- Starting at 4.5%
Business Working Capital
Money for running the business at the size it already is.
- Funding amount
- Up to $1M
- Rate
- Starting at 4.5%
Short-Term Business Loan
A term loan with the term cut down, for a cost that has already landed.
- Funding amount
- $10K to $1M
- Rate
- Beginning at 6%
Business Cash Advance
An advance against future sales, collected as those sales come in.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%
Equipment Financing
Buy the thing the work runs on, with the thing itself as the security.
- Funding amount
- Up to $250K
- Rate
- As low as 8%
Rates above are floors — what the network starts at, not what every business is offered. The cash advance is the exception and is quoted as a factor rate, which is not an interest rate and does not fall if it is cleared early; it is the dearest money on this page and belongs at the bottom of the list for that reason.