Equipment financing
Discuss funding categories connected to the purchase of business equipment, commercial vehicles or machinery.
Ask about: Ask about asset eligibility, ownership, security interests, insurance and end-of-term obligations.
EQUIPMENT & ASSETSPut the right tools
Put the right tools
behind your next move.
Explore financing categories for the equipment and assets your business relies on.
THE STARTING POINT
Connect the asset to the business need.
Whether you are replacing an essential machine or adding capacity, a useful conversation starts with the equipment, its purpose and the total cost of ownership.
CATEGORIES TO DISCUSS
Understand the structure.
Equipment leasing
Where available, explore an arrangement for using equipment under a lease agreement.
Ask about: Compare the purchase option, maintenance obligations, return conditions and total cost.
Asset-backed financing
Explore financing categories that involve eligible business assets as security.
Ask about: Understand valuation, lien position, reporting requirements and what happens if repayment obligations are not met.
A FEW USEFUL ANSWERS
Before you decide.
Will the equipment be collateral?
It may be. Security and ownership depend on the specific financing or lease agreement.
Can used equipment be considered?
That depends on the provider and asset. Share the equipment type, age, condition and vendor for review.
Your next move starts
with a conversation.
Tell us what your business is building toward.