Equipment Loan Broker
Your trusted Equipment Loan Broker
For two decade, Liberty Capital Group has provided Small Business Funding in California and across the nation. We are your trusted Small Business Funding specialist. Additionally, we have helped small business owners access quick, reliable, and hassle-free small business loans. We understand that small businesses are the foundation of our economy. In 2004 when many financial institutions tightened their lending criteria, so we took a stand for main street businesses across the nation. As a stakeholder in the American Dream, Liberty Capital Group makes it possible for any business to compete and grow in today’s economy.
Rising to the challenge
The most recent statistics on small businesses and SBA loans through reliable sources such as the U.S. Small Business Administration (SBA), there are over 30 million small businesses in America, with approximately 24 million being self-employed individuals. This underscores the critical role small businesses play in our economy. Nearly half of the American workforce is employed by small businesses, and they are responsible for generating nearly 65% of all new jobs. However, accessing the necessary capital remains a challenge for many small business owners. Despite their vital contribution to the economy, they often face difficulties obtaining funding from traditional sources such as banks and government programs. On average, small businesses seek loans of around $150,000, yet only a fraction, roughly 10%, of all Small Business Administration (SBA) loans are granted to businesses requesting this amount or less.
- Conserve Capital
- Affordability
- Tax Benefits
- Flexible Payment Options
- Spread the Cost
- Inflation Buster
Featuring Liberty Capital Equipment Financing Program
Ask About Our Financing Promotion:
Liberty Capital accommodates clients with to financing options that will yield very little working capital outlay.
Here’s our current promotion to save on cashflow.
- $99 for the first 6 months: Requires only $99 to start
- 90-Day Deferred Payments
- No Down Payment Equipment Financing
- Lease to Own
What you get when you finance equipment with Liberty Capital Group, Inc.
Online application will provide us the window to your business which allows us to learn an understand your business so we can perfectly tackle your current financial situation to achieve the ultimate goal – that is to grow your business and to do so you can always bank on Liberty Capital.
Here are the benefits to financing equipment.
- Up to 120% equipment cost
- Up to $5,000,000 with financials
- Funding approval 12 – 72 month fixed payment terms
- No down payment required for qualified borrowers
- Lowest Rates in the industry for qualified borrowers
- Eligibility for all new and used equipment financing
- Will no appear on personal credit reports
- No early payoff penalties
- Corp-only available
How to apply for Equipment Loan?
Not everybody has the luxury to pay cash, have investors or have access to working capital. Some has to borrow. But some makes mistakes by taking merchant cash advance for fixed equipment when you can secure equipment financing that’s essential for businesses to grow and thrive. At Liberty Capital Group, we simplify the process to get you approved swiftly. To apply, simply submit your online application along with your invoice and recent bank statements. With flexible terms and competitive rates, we help businesses of all sizes acquire the equipment they need to succeed. Apply today and unlock the funding you need for growth and efficiency. If you prefer to speak with our Lending Agents, you may call 888-511-6223.
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Small Business Essentials
Get the essentials
Types of Business Equipment Loans
- Off balance sheet financing – Fair Market Value, 10% FMV
- Capital Lease – $1 buyouts
- Equipment Finance Agreement
- Lease Rental Purchase Option (RPO)
Tips for Successful Equipment Loans Experience
Ø Plan Ahead: Start the equipment loan process early to ensure all equipment is ready for your opening day. Provide credit and funding stipulations upfront. Don’t alter any documents. Get pre-approved early. Know you have the option to get financing.
Ø Contact your equipment dealer: Get an invoice/quote for the lender to review and approved. Apply with your bank so you know whether they’re an option or not for a peace of mind. Alternatively, if you know you won’t qualify at your bank, contact Liberty Capital Group, Inc.
Ø Vendor Approval: Each transaction a vendor must be approved. They want to make sure vendor is reputable who will deliver what you lease or purchase.
Ø Equipment Approval: Every financing transaction, equipment must be approved. They need to make sure a restaurant is not buying a restaurant equipment. A restaurant can’t buy a backhoe. It doesn’t make sense.
Ø Equipment must be business essential.
Ø Negotiate: Don’t just negotiate with the vendor, you can also negotiate with the lender. Don’t be afraid to negotiate lease terms to get the best deal possible.
Ø Consult Professionals Equipment Loan Broker: Work with a financial advisor or accountant to understand the financial implications of financing. They’re the best source for information on how you can maximize your financing options.
Equipment financing can be a strategic move for any business owner, providing flexibility and preserving working capital is a good cashflow management strategy.
By understanding the equipment financing process and carefully selecting your equipment and financing partner, you can set your business up for success faster, rather than waiting for cash to come by. Don’t let opportunity hold you back due to lack of capital. You have funding options with Liberty Capital. Contact us today. We’re ready to help your business grow and elevate to the next level. Best of luck! Liberty is your Freedom!
Understanding Equipment Loan and Lease Agreements
Reviewing the lease agreement carefully before signing is critical to make sure you’re not signing an FMV Lease when the salesperson says dollar buyout but the contract is actual FMV or Fair Market Value. Key components to check include:
Ø Payment Terms: Understand the monthly payment amount and due dates.
Ø Interim Rent: Is there an interim rent, which is rent in between the time of the next billing from the date of acceptance or lease commencement.
Ø Maintenance and Repairs: Determine who is responsible for maintenance and repairs. Most equipment financing don’t apply unless warranty is added into the agreement and financing. If through the vendor, it will be through manufacturer warranty and services but not lender’s responsibility.
Ø End-of-Lease Options: Know your options at the end of the lease, such as purchasing the equipment for a dollar or $101 for some state like FL, renewing the lease it has a balloon, or returning the equipment.
Ø Early Termination: Be aware of any penalties for early termination of the lease. You may not pay any penalty for paying it early, but you’re still liable for the full term regardless of when you pay it off.
Ø Advance Payment: First and Last, security deposit or down payment might be required. Check your equipment lease agreement to make sure you are aware of any money upfront to consummate the lease financing agreement.
Ø Down Payment: Down payment reduces the amount financed.
Ø Security Deposit: Security deposit is typically refundable unlike down payment.
Credit Requirements for Startup Equipment Financing:
For startup companies, we require: Credit requirements Varies. Here’s how you get your ducks in a row to make sure you make it easy for the lender approve you.
Ø Business license or active business entity registration.
Ø Personal guarantees from all owners – history matters.
Ø Minimum 650+ credit score.
Ø No bankruptcies in the last 7 years.
Ø No unresolved tax liens.
Ø No judgments, or repossessions
Ø Sufficient net-worth
What do I need to apply?
1. ONLINE APPLICATION: You can fill out our application, upload and authorized us to process your application. We do soft-inquiry, and our lender will do hard inquiries once you are approved for Equipment Loan only.
2. Equipment Invoice or Quote for the truck or equipment you want to buy. Multiple vendors accepted. We’ll lump them into one monthly payment for you. We’ll accept bill-of-sale for some private sale.
3. Banks statements (3-4 months) – Proof income, proof of banking, and proof funds availability in case down payment is needed and to match for ACH Payment Drafting – as an auto pay.
Equipment financing is vital for businesses that need expensive equipment to operate efficiently. Companies in construction, manufacturing, healthcare, and other heavy equipment-intensive industries benefit significantly from these financial solutions. Understanding the options and working with top financing companies can help businesses acquire necessary equipment while managing cash flow effectively.
Unlock Your Financial Potential Today!
Ready to turn your dreams into reality? Take control of your financial future with our flexible financing solutions. Whether you’re starting a new venture, expanding your business, or pursuing personal goals, we’re here to support you every step of the way.
Contact Info
- San Diego, CA 1011 Camino Del Rio South Suite 210D San Diego, CA 92108
- 619-795-3123
- info@libertycapitalgroup.com
- Mon – Fri: 6:00 am – 6:00 pm (EST)