Equipment Financing
Regardless of your industry, we can help you obtain the best deal on business equipment financing for virtually every type of equipment. We work with a wide range of business types, including medical, software, manufacturing, commerce, food services, automotive, and much more.
If you’re looking for equipment financing to grow your business, offer new products or services, or simply get a competitive edge, we can help! Our streamlined equipment financing process will help you secure the capital you need in as little as 24 hours. Our Business Financing Advisors will tell you everything you need to know and give you the opportunity to ask any questions.
All of our business equipment financing options are fully customizable to fit you and your business needs.The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Start up without limits:
Small Business Loans
A small business loan provides funding for entrepreneurs to tackle challenges, take advantage of opportunities, and invest in their businesses. You can use the funds for almost any business purpose, including working capital, equipment, expansions, payroll, and other investments.
The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Start up without limits:
Small Business Loans
A small business loan provides funding for entrepreneurs to tackle challenges, take advantage of opportunities, and invest in their businesses. You can use the funds for almost any business purpose, including working capital, equipment, expansions, payroll, and other investments.
The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Business Line of Credit
A small business line of credit gives you flexible access to cash on an as-needed basis. This type of financing allows you to draw cash from your total credit limit for any business purpose – and only pay interest on what you use.
With a revolving line of credit, more cash will become available as you pay down your balance. Unlike selling equity, the funds from a business line of credit allow you to maintain business ownership, profits, and full control.
You can also use it to bridge cash flow gaps during seasonal slumps or as a rainy day fund. There are no restrictions on how you can use it – you can use a business line of credit to cover any costs or opportunities you face.The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Revenue-Based Financing
Revenue-based financing is usually unsecured, so you won’t need to offer collateral to reach an approval. Not only that, but it has the added benefit of keeping your cash flow steady by making payments based on your daily credit card sales instead of a set schedule. In other words, you can adjust your payments to how well your business performs.
If your business is profitable, revenue-based financing can help you take your operation to the next level. You can use the funds for a wide range of business expenses, including operating costs, growth opportunities, and much more.The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Subordinated Debt Financing
Subordinate debt is second-tier debt. The subordinate lender has a second lien position, whereas the senior lender retains the right to the first lien position. The first position has the right to remain whole, meaning that they’re entitled to repayment before the second-tier lender.
Senior lenders are typically asset-based, while subordinated lenders can be any type of financial institution. Whether you’re a business owner, a private equity group, or a senior lender, subordinated debt financing is a powerful tool for accessing the capital necessary to complete transactions alongside a senior lender or to grow without having to pay off your senior lender.The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well.
Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
Small Business Administration loan
A Small Business Administration-backed loan, or an SBA business loan, can help your business to get working capital to accomplish any goal, like expanding, purchasing/refurbishing equipment, taking on new real estate, or refinancing an existing mortgage or agreement, and more.
SBA loans are one of the most desirable and sought-after types of business loans. Many small business owners apply for SBA loans before exploring other similar options. Between lower interest rates and substantially longer repayment terms, SBA loans tend to give you the funding you need without disrupting your cash flow.
While you can get SBA financing through both financial institutions like traditional banks and online lenders, they aren’t taking all the risk. These loans are guaranteed through the SBA, a branch of the government dedicated to fostering stronger small businesses. Through most lenders, SBA loans come with one drawback: it can take forever (up to 8 months) to complete the process. Banks thoroughly review loan applications, business plans, personal credit score, and more before providing an answer. When you use an SBA loan to drive revenue in your business, it can significantly improve cash flow.
National Business Capital has eliminated this issue by streamlining the process to 45 days! Through our network of lending partners, we can speed up the funding process to complete it in nearly half the time, while also simplifying the long and complex procedure to make SBA funding much easier for you. With guidance from your Business Financing Advisor, you can even get an SBA loan with a tax judgment.
The borrower is expected to pay the principal, plus interest, in full within the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you’re working with plays a major role in this as well. Short-term business loans are best for short-term revenue-driving opportunities and challenges that you need to plug quickly. Long-term business loans, on the other hand, are better suited for expenses that won’t benefit your business immediately, like opening a new physical location or purchasing a new business entirely.
