Get Competitive Terms and Rates for Equipment Vendor Financing
Why Choose Vendor Financing with Liberty Capital Group, Inc.?
Our financing options offer the flexibility you need to manage your cash flow effectively while investing in the equipment necessary to grow your business. As a vendor you want the most options for all varied types of clients from A to D to structured loans like longer loan terms of up to 84 months to reduce monthly payments and make it affordable for your clients.
Compared to traditional lenders, we offer several advantages:
- Corp-Only Available: We cater to businesses of all sizes, including corporations.
- Up to 120% Equipment Cost: Our financing solutions can cover not only the equipment cost but also soft costs associated with acquisition.
- Fast Approval Process: With our simple one-page application, you can get Funding Approval as quickly as the next day.
- No Down Payment Required: Qualified borrowers may access financing without the need for a down payment.
- Lowest Rates: We offer competitive rates for qualified borrowers, ensuring you get the best financing terms available.
- No Pre-Payment Penalties: Enjoy the flexibility of paying off your loan early without any penalties.
Did you know 85% of small businesses seek capital multiple times a year for growth?
Since 2004, many customers have stayed with us for over a decade. Even if you’re still with the same lender, our options have evolved to offer better loans. If you have questions about renewals or equipment financing, we have solutions for you.
We’d love to work with you. We can provide additional financing without paying off your current lender or help pay it off if the balance is low. Just send us 4 months of bank statements for a pre-approval analysis and free multiple funding offers.
What is Equipment Financing?
· Purpose: To purchase or lease business-related equipment.
· Features: Typically secured by the equipment itself, with fixed interest rates and repayment terms that match the useful life of the equipment.
· Benefits: Enables businesses to acquire essential machinery and tools without large upfront costs.
What is Equipment Leasing?
· Purpose: To acquire the use of equipment without purchasing it outright.
· Features: Agreements to lease equipment for a specified period with fixed payments, with options to purchase at the end of the lease.
· Benefits: Lower upfront costs, potential tax benefits, and the ability to upgrade equipment periodically.
· There is a buyout when equipment leasing. It can be Dollar Buyout or Lease to own, or FMV true leases, 10% FMV.
Equipment Leasing is the best way to go about it conserves cash and protecting from obsolescence. The best thing about Veterinary Equipment Leasing is that you also enjoy tax benefits and the low monthly payment it affords you, same as the person that buys the equipment, most of these transactions will not appear on personal credit since it’s a business loan.
Whether you decide to lease, borrow, or buy out right, you will find yourself in need to buy new or used equipment, whether you utilize equipment leasing and financing is all up to you. However, cash is king as we always say, it’s not a wise idea to use cash on a fixed asset that can be leveraged. Cash is more easily accessible through your own checking account than having to use the asset to get cash later.
Trusted funding source for over 20 years, Liberty Capital can guide you to the right financing. Cashflow is King once it’s paid you can’t cash out of business equipment. Fixed asset should not be paid with liquid cash. Liberty Capital understands that it’s not just equipment financing it’s all about the cashflow.
What do I need to apply?
Ø ONLINE APPLICATION: You can fill out our application, upload and authorized us to process. We do soft-inquiry, and our lender will do hard inquiries once you are approved.
Ø Equipment Invoice or Quote for the equipment you want to buy. Multiple vendors accepted. We’ll lump them into one monthly payment for you.
Ø Banks statements (3-4 months)
Once we have your application, your funding advisor will reach out to discuss the process, timeline, and expectations. We’ll then make an offer and if accepted, we’ll reach out to the vendor for payment instruction. We can pre-fund any vendor up to 100%. We can do used equipment up to 60 months.
We cater to all types of industries and equipment.
1. Over-The-Road Trucks & Trailers:
– Most Sleepers
– Flatbeds, Drop/Step Decks, Lowboy, & Double Drops
– Dry Vans and Refrigerated
– RGNs of all sizes
– Tankers, all types
– Conestoga
– Live Bottom/Walking Floor
– Dump, Side, Belly, End, Hopper
2. Other Types of Equipment:
– Medical Equipment (Doctor PG)
– CNC
– Sawmills
– Trucks & Cars
– Delivery Vans/Trucks
3. Yellow Iron: Construction Yellow Iron
– Backhoe
– Excavator (mini to extra-large)
– Skid loaders (tracked & wheeled)
– Manlifts
– Telehandlers
– Road Graders
– Trenchers
4.Concrete Equipment
– Screed Machines
– Batch Plants
– Crushers & Conveyors
– Boom & Volumetric Trucks
– Shot Blasters
– Grinders & Polishers
6. Vocational Trucks:
– Wrecker
– Rollback
– Daycabs
– Bucket & Boom
– Dump
– Concrete
– Sweepers
– Garbage/Refuge
– Crane
– Utility
– Ladder
– Ambulance (transport/non emergent)
Construction: Heavy Equipment
Landscape: Landscaping Arborists
Towing: Wrecker/Tow Rollback
Trucking: Over-The-Road Trucks Trailers
Service Industry: Office equipment and machinery
Printing Industry: Large Format Printer, 3d Printer, Metal Printer
Restaurant industry: Kitchen Equipment, Cooler, Walk-in Freezers, Tables, Display cases
Credit Requirements For Startup Financing:
For companies, we require:
- 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.
So, if you want expand your vendor financing for programs for new or used equipment, we can handle working capital, term loans, lines of credit and especially Used Heavy Equipment, including trucks, crane, boom lift and many heavy ticket items all can be financed. Apply now to get your business capital to grow. Call now 888-511-6223.
What is Application Only financing? Application only up to $250,000.
For some transaction, you might provide low documentations if you meet the minimum requirements for App-only transaction. See financing credit requirements here for more details.
Covers many types of equipment
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
Why Financing Matters
Affordability is paramount when investing in roll-off and garbage trucks. Financing offers the advantage of spreading the cost over an extended period, with loan terms of up to 84 months available. This results in reduced fixed monthly payments, making these high-ticket items more manageable for businesses.
Leasing equipment that depreciates in value can also preserve working capital. By avoiding large upfront expenditures, businesses can allocate funds towards hiring skilled personnel, marketing efforts, and other operational needs. Commercial truck categories of Heavy Equipment and many industries that can benefit from vendor financing.
Equipment Vendor Financing Programs
At Liberty Capital Group, Inc., we offer aggressive equipment vendor financing programs designed to meet the diverse needs of our clients. Our solutions typically involve two primary options:
– Equipment Financing: Spread the cost over time with fixed payment terms.
– Equipment Leasing: Opt for off-balance sheet financing with Fair Market Value (FMV) leases, providing flexibility at the end of the lease term.
Additional Financing Benefits Our financing options include:
– $99 for the First 6 Months: Start 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.
– Fast Approvals: Apply online for funding up to $250,000 with a Streamlined Process.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in equipment vendor 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.
Instant Quote Online
Use our instant online quote calculator to get an accurate no obligation quote.
Apply Online
Complete our quick online application. Application takes 5 mins.
Review Your Options
We will contact you to review your options.
Get Funds
Money will be deposited in your account in as little as 24 hours.
