Business Looking for Financing

  • Loan Amounts:  Up to $10,000,000
  • Terms:  Up to 60 months (72 months in some cases)
  • Rates:  6% and up (risk-based pricing)
  • Time in business:  Start-ups will be considered, however, the best offers will be extended to customers with 4+ years in business. For doctors and dentists, the date of your license may be used.
  • How does equipment financing benefit you as a customer?  It is added financing that does not impact your Lines of Credit or Term Loans.
  • Equipment of all types:  Including new and used. Software is also included, but the maximum term will be 36 months.
  • Process:  Only an application is needed for loans up to $150,000.  We will require an application and an invoice on equipment to underwrite.  Start-up businesses are considered; only an application is needed loans up to $50,000.  For equipment over $150,000, we will need full financials.
  • Personal Guarantees will be required for most loans. You will need to have 80%+ ownership of your business.  Best pricing is extended to people with a personal guarantee and credit scores of 680+.
  • Corporate Only Deals (non-personal guarantee) will be considered for people with 10+ years in business plus a previous history with financing and strong corporate payment history on existing and current loans.
  • For customers that have SBA Loans, additional financing may be offered for equipment if you are unable to obtain more money from your banks.