Why Choose Financing with Liberty Capital Group, Inc.?
Equipment Vendor Financing
Equipment vendor financing is a financial arrangement where the vendor (the company selling the equipment) provides or arranges financing for the buyer to purchase their equipment. Furthermore, this can be beneficial for businesses that need to acquire equipment but might not have the immediate capital to do so.
Here are some key points about equipment vendor financing:
1. Direct Financing: The vendor itself may extend a loan or lease directly to the buyer, allowing them to pay for the equipment over time rather than upfront.
2. Third-Party Financing: The vendor might partner with a third-party financial institution to offer financing options to the buyer. In this case, the vendor acts as a facilitator between the buyer and the lender.
3. Leasing Options: Vendors often offer leasing options where the buyer can use the equipment and make regular lease payments. At the end of the lease term, the buyer might have the option to purchase the equipment at a reduced price.
4. Benefits for Buyers:
o Improved Cash Flow: By spreading the cost of the equipment over time, businesses can manage their cash flow more effectively.
o Easier Approval: Vendor financing may be easier to obtain than traditional bank loans, especially for small businesses or startups.
o Bundled Services: Financing packages might include additional services like maintenance, training, or software, providing more value.
5. Benefits for Vendors:
o Increased Sales: Offering financing can make it easier for customers to buy expensive equipment, potentially boosting sales.
o Customer Loyalty: Providing financing can help build long-term relationships with customers.
o Competitive Advantage: Vendors who offer financing options can stand out in the marketplace compared to those who do not.
Liberty Capital’s Financing Program
Liberty Capital offers a comprehensive financing program for used commercial trucks, used trailers, and used heavy equipment. This program is designed to accommodate all credit types, including startups, ensuring that even businesses with less-than-perfect credit can obtain the necessary equipment.
Key Features:
· 100% Pre-Funding: Liberty Capital can pre-fund the vendor 100% prior to delivery, ensuring that vendors receive their payment upfront.
· Soft Inquiry: We perform a soft inquiry on credit, which does not impact the buyer’s credit score.
· Bad Credit Options: We can finance buyers with bad credit as long as they can make a down payment ranging from 5% to 40%. This is particularly beneficial for those with marginal credit and startups.
Types of Leases Available:
· Operating Lease: The lessee uses the equipment for a specific period and returns it at the end of the lease term. This option is often used for equipment that may become obsolete quickly.
· Finance Lease (Capital Lease): The lessee effectively becomes the owner of the equipment, with the option to purchase it at the end of the lease term for a nominal amount.
· TRAC Lease: Commonly used for commercial vehicles, a TRAC lease allows for adjustments in the lease term or residual value to meet the specific needs of the lessee.
· True Lease: This type of lease does not include a bargain purchase option. It offers lower monthly payments and is often used when the lessee does not intend to purchase the equipment.
By partnering with Liberty Capital, vendors can provide flexible and accommodating financing solutions, helping their clients to acquire the necessary equipment while managing financial constraints effectively.
Why Liberty Capital?
ü Proprietary Credit Parameter for fast approval.
ü Application-only up-to $350,000.
ü Section 179 potential tax savings
ü Pre-Funding our vendors and dealers up to 100% before delivery.
ü Credit decisions in 2 hours or less.
ü Online equipment finance and lease docs.
ü 100% Pre-Funding Before delivery.
ü Soft cost financing, tax and installation included.
ü DocuSign app and docs for faster approval and funding.
ü Marketing material to help you sell
ü Online financing proposal generators
ü High Approval Ratio
Promotion for our Equipment Financing Vendors:
ü 12 x $99 Promo: Customers pay only $99 for the first 12 months! This is a terrific way for customers to defer full payments – allowing equipment time to generate revenue.
ü Value Program: ZERO payments for 3 months combined with competitive structures up to 84 months (about 7 years).
ü $0 Down Payment for Equipment Financing
ü Low Documentation and Admin Fee
ü Referral bonus available
Preferred Equipment Vendor Financing:
Need help finding a reliable “EQUIPMENT VENDOR FINANCING?” We’ve got you covered. See Our Credit Requirements, and we’ll help your customers get approved. Our Goal is to give you 100% Approval Rate!
Get Started Today! Download our VENDOR PACKAGE.
As a vendor we can give you code JUST LIKE THIS to put onto your site so your client can apply online instantly within your website. Call our Vendor Specialists to get set up as an equipment vendor at 888-588-4128 for personalized assistance.
Let Liberty Capital Group, Inc. be your reliable funding partner for all your vendor financings.
Credit requirements for Startups – download our vendor package.
For startup clients the following will be the minimum requirement:
- Business license or active business entity registration.
- Personal guarantees from all owners.
- Minimum 625 credit score.
- No bankruptcies in the last 7 years.
- No unresolved tax liens.
We offer various financing options tailored to start up needs but “He who has the GOLD makes the rule”:
Additional Financing Benefits other than equipment financing for start ups.
- $99 for the First 6 Months: Get started with minimal upfront costs.
- 90-Day Deferred Payments: Pay nothing for the first three months.
- Working Capital Loans: Access short-term cash flow solutions for immediate needs.
Low Doc Funding for Well Qualified Clients!
What equipment do you sell? Are you a new or used dealer?
Financing Application Only up to $250,000
Easier to get than a traditional business loan
Less paperwork
Fast processing time
Less stringent requirements for qualifying
No collateral needed, the equipment is the collateral
May require less credit score for you and your business as well
Grow your Equipment Sales with Equipment Vendor Financing and Leasing.
At Liberty Capital Group, Inc. Group, Inc., we offer vendor finance programs to qualified, approved vendors and dealers.
Our vendor finance and leasing programs improve cashflow and liquidity while preserving capital, and benefiting from tax advantages equipment financing brings and provide your clients with predictable, low monthly fixed payments and flexible pay structures.
Why Liberty Capital Group, Inc.? We make your customer’s buying decision easier with us using our prequalification calculator.
With the convenience of our unique equipment financing.
Plus: we give you a competitive advantage: A, B, C and D Tier Credit Program! For structured leased transactions we can do that as well for those structured deals.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in crane and boom truck and equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
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