Finance the Equipment Your Business Needs

Business equipment costs should not stand in the way of success. ROCBILT Commercial Lending offers financing and leasing options for many types of equipment. Whether your company requires computers or heavy machinery, equipment financing can help you obtain the tools you need to succeed.

Financing Options for Equipment

We work with business owners to approve applications in as little as 24 hours. Processing middle market and large ticket financing may take up to three to five days. Our financing programs have several advantages:

  • Competitive interest rates
  • Little or no down payment
  • Various payment structures
  • No financial statement required for applications up to $150,000
  • Financing starting at $250,000 – $30,000,000

An equipment financing program can provide a repayment period of up to 84 months to established companies that have operated for two years or more. Business owners with less-than-optimal credit should consider B, C, or D credit programs. Newer businesses may be interested in equipment leasing.

Sale and Lease Back Programs

In a lease financing agreement, the lender purchases equipment from a business and leases the equipment back to the owners. The original owners will regain ownership once the total cost is repaid. Lease financing features low, fixed payments. These programs are useful for businesses and municipal entities in a number of ways:

  • Elimination of equipment obsolescence
  • Preservation of existing credit lines
  • Transformation of equipment equity into working capital

Leasing frees up cash and offers advantages for accounting and tax purposes. Government and municipal leasing programs guarantee lease financing to municipal entities such as government agencies, fire and police departments, public schools, libraries, and the armed services.

Whether you are interested in equipment financing or pursuing an equipment leasing agreement, ROCBILT Commercial Lending can help you choose the best financing options for your business and bottom line. Fill out the contact form or call us to schedule a free consultation.