Businesses in need of equipment have a variety of equipment financing methods to choose from, including equipment loans and equipment leases, Small Business Administration (SBA) backed loans, unsecured term loans and lines of credit. We analyzed more than 20 providers and came up with a list of the top six equipment finance companies.
Top 6 equipment finance companies 2019
| Crest Capital | (Overall best) Well-qualified companies seeking flexible financing terms |
| Chase Bank | Borrowers with good credit who need to buy equipment |
| US Business Funding | Borrowers with credit problems requested quick approvals |
| Wells Fargo Bank | Equipment loans under 100.000 USD for existing Wells Fargo customers |
| BlueVine | Short-term equipment financing and working capital needs |
| National business capital | Well-qualified borrowers needing long-term equipment financing and working capital |
How we ranked the best equipment finance companies
Choosing the best equipment finance company depends on several specific factors, including the long-term goals of the company seeking financing, as well as other variables such as credit score, years in business and annual revenue. In addition, the ease of working with a lender, its reputation, and the speed of funding all play an important role.
The criteria we evaluated to determine the best equipment finance companies are:
- Type ofequipment financing: whether the financing covers equipment only or working capital and other expenses.
- Costs to the borrower: what fees are payable to the lender and what additional costs can a borrower expect to pay?
- Amount of financing: what amount of financing is available, including minimum and maximum amounts.
- Reimbursement terms: How often and over what period the loan will be repaid and whether flexible terms are available.
- Underwriting Criteria: How strict the underwriting criteria are and what types of borrowers and businesses can qualify for financing.
- Speed of financing: how quickly borrowers can get pre-approval and how quickly financing can be accessed?
- Reputation of the financing company: whether the company is known for being fair with its customers, and what reviewers had to say.
Based on our criteria, Crest Capital is the best option for businesses that need to finance equipment. You can visit Crest's website to apply online and get approved and funded within 24 hours.
Crest Capital: best overall equipment financing company
Crest Capital is a direct equipment finance lender in the alternative lender space with more than 30 years in business and access to a range of highly flexible equipment financing options. Well-qualified borrowers known for excellent customer service and competitive interest rates should consider Crest Capital for equipment leasing and financing arrangements.
Crest Capital financing types available
Crest Capital's main types of financing are:
- Equipment leasing
- Equipment Loans
- Equipment financing agreement
Crest Capital is a relative rarity in the alternative lender space, being both a direct lender and a specialist. There are three varieties of programs: Lease, Loan and Equipment Financing Agreements, a type of hybrid between a lease and a loan. With very competitive rates and highly flexible terms, Crest Capital's equipment leasing programs should be seriously considered by business owners for equipment financing consideration.
Crest Capital Equipment Lease Qualifications
Qualifications for Crest Capital equipment leasing are:
- Minimum score: 650
- Minimum term: two years
- Annual minimum: No minimum
- Asset condition: new or used
Crest Capital's equipment leasing program is an excellent option for well-qualified borrowers with at least two years in business. Crest Capital typically finances new or used equipment for. However, the useful life of the equipment must be equal to or longer than the lease term. Crest considers all annual revenue and bases its approvals on projected revenue from new equipment.
Lease costs for Crest Capital equipment
The rates and fees you should expect with Crest Capital's equipment leasing are:
- Interest rate: 5.5% to 9.5%
- Anticipated APR: 6.06% to 10.08%
- Fees: Administration fee of $275
- Down payment: 0% to 20%
While it is possible for Crest Capital to find interest rates in excess of 9.5%, they state that the majority of their leases are between 5.5% and 9.5%. When you include the $275 management fee in the lease, annual percentage rates (APRs) range from 6.06% to 10.08%. This is helpful when you consider the cost of leasing equipment. 100% financing is available. However, depending on credit and other considerations, a down payment of up to 20% may be required.
Lease terms for Crest Capital Equipment
General terms and conditions for Crest Capital equipment leasing are:
- Financing amount: 5.000 to 500.000 US dollars
- Term: 24 to 72 months
- Repayment frequency: monthly or seasonal, with top-up and deferral available
- Security: Financed equipment only
- Speed of financing: Within 48 hours
Crest Capital offers a variety of flexible lease repayment terms, including seasonal and deferred payments, where payment is deferred until the equipment is placed in service. They also have a step-up program where payments increase over time in proportion to projected revenue growth. This is ideal for companies that are expanding their operations and anticipate higher future revenues.
What is missing from Crest Capital's equipment leases?
Crest Capital is an excellent choice for well-qualified borrowers and offers industry-leading flexibility in the variety of lease programs and repayment options available. However, they are not suitable for all borrowers looking to lease equipment. With a minimum loan value of 650, borrowers with challenged credit may want to consider other business loans with bad credit.
Crest Capital Reviews
Crest Capital averages more than four stars on online rating sites with an A + from the Better Business Bureau (BBB). Positive reviews prove excellent customer service, many note that they are returning customers. There are few negative reviews. A lack of negative reviews does not mean there is no negative experience. However, the evidence suggests that Crest Capital has a proven track record of taking good care of its customers.
How do I apply with Crest Capital?
Borrowers who have a lease of up to 500.000 USD to apply for equipment leasing with Crest Capital can apply online to receive same-day approval and funding.
Chase Bank: best for buying large equipment
With more than 5.300 branches and more than 15.000 ATMs across the country, Chase Bank is a leading SBA lender and part of the SBA's Preferred Lenders program, which allows them to streamline loan applications. Borrowers who want to get lower bank rates on their equipment and can meet strict SBA criteria should consider an SBA-backed 504 equipment loan from Chase Bank.
Chase Bank financing options available
Chase Bank's main types of financing are:
- SBA loans that have the most rigorous application process; borrowers need good credit and complete financial information to apply for an SBA loan
- Equipment Loans
- Equipment leasing
- Line of credit (LOC)
- Term Loan
- Business credit card
Similar to Wells Fargo, Chase Bank offers a range of personal and business deposit and loan solutions, from checking accounts and credit cards to investment accounts. As the leading SBA lender that can lend in most states, Chase funded loans in 31 states in 2018. Entrepreneurs seeking a wide range of banking solutions from a single relationship should consider Chase Bank.
Chase Bank SBA 504 Loan Qualifications
Qualifications for Chase Bank's SBA 504 loan are:
- Minimum score: 680
- Minimum transaction time: no minimum
- Annual minimum purchase: No minimum
- Asset condition: the remaining economic life of the equipment must be at least 10 years
Unlike many SBA lenders, Chase Bank will work with startups, though businesses already in operation must file two years of tax returns. It is important to note that the equipment being financed must have at least 10 years of remaining life to qualify for an SBA 504 loan, although it may be new or used.
Chase Bank SBA 504 Loan Costs
The interest rates and fees you should expect with Chase Bank's SBA 504 loan are:
- Interest rate for CDC (Certified Development Company) loans: 3.76% to 4.08%
- Chase BankSBA rates: 5% to 12%
- Fees: 1.639% to 3.014%
- Down payment: 10%
The interest rates on an SBA 504 loan are among the lowest rates available for equipment financing and are applied as a fixed rate for the duration of the loan term. Several additional fees are charged when the loan is funded, including the SBA guaranty fee, the CDC processing fee and any closing costs charged by Chase Bank. These are likely to average between 2.50% and 3.00% of the total amount financed.
Chase Bank SBA 504 Loan Terms and Conditions
General terms and conditions for Chase Bank's SBA 504 loan are:
- Financing amount: no maximum
- Term: 7 to 10 years
- Repayment frequency: Monthly
- Security: financed assets
- Speed of financing: 45 to 60 days
SBA 504 loans don't have a fixed maximum amount, and Chase doesn't list a cutoff. Although longer terms are available for commercial real estate loans, equipment financed with an SBA 504 loan is limited to a 10-year term. Because the loan is fully secured by the equipment being financed, no additional collateral is required, although a personal guarantee is available.
What's missing for an SBA 504 loan from Chase Bank
Using an SBA 504 loan from Chase Bank to purchase major equipment is a great way to keep borrowing costs low and extend repayment over a seven- to 10-year period. However, as with SBA 7 (a) loans, borrowing is very competitive, and funding can take 60 days or longer to complete. Borrowers with bad credit and businesses that need funding quickly should consider other options.
Chase Bank Reviews
Chase Bank, like Wells Fargo, is a large, nationwide bank. Appraisals, like Wells Fargo, are a mixed bag. Positive reviews refer to professional, caring staff, while negative reviews cite long holds and high interest rates as reasons to avoid Chase. We still believe Chase Bank offers a strong program, and borrowers should not necessarily take the negative reviews as an indication of their experience.
Here's how to apply to Chase Bank
Borrowers interested in financing equipment with an SBA 504 loan from Chase Bank can visit Chase's branch finder to find a branch location near them.
US Business Funding: best equipment finance company for borrowers with limited credit
US Business Funding is an alternative lender that acts as a marketplace for business financing and emphasizes the speed of its process. These include approvals in as little as 60 seconds and financing in as little as 24 hours. They cater directly to small and medium-sized businesses that need equipment or working capital and may have had trouble finding financing at a traditional bank.
Financing options available for U.S. business financing
US Business Funding's main types of financing are:
- Equipment Loans
- Equipment Leasing
- Working capital loans
- SBA Loans
US Business Funding is a marketplace lender with a focus on. While many similar lenders offer as many financing options as possible, US Business Funding targets a few basic needs with their equipment financing, working capital and SBA loan programs. We focus on financing their equipment, especially equipment leases.
US Business Funding Equipment Lease Qualifications
Qualifications for equipment leasing from US Business Funding are:
- Minimum score: 500
- Minimum business period: two years
- Minimum annual balance: $250,000
- Asset condition: new or used
One of the places US Business Funding stands out is their focus on established businesses with strong sales of at least 250.000 USD gross per year and their flexibility in terms of personal credit scores. Their message is that as long as the business can afford the payments, they will match the business with an investor or direct lender who can make the business work.
Leasing costs for US Business Funding equipment
The rates and fees you should expect with equipment leasing from US Business Funding are:
Equipment lease rates through US Business Funding are higher than some options on this list. However, there are no additional fees other than those charged by the lender. According to US Business Funding, they are paid based on the ongoing performance of the loan or lease. This is a unique approach that can work in favor of the borrower by aligning the company's compensation with the borrower's ability to repay the debt.
Lease terms and conditions for US Business Funding Equipment
General terms and conditions for US Business Funding equipment leases are:
- Amount financed: Over 10.000 US dollars
- Term: 24 to 72 months
- Repayment frequency: monthly, seasonally, or 90 days deferred
- Collateral: Financed equipment
- Speed of financing: as little as 24 hours
US Business Funding does not list a maximum equipment value for their equipment leases, which is set at $10.000 USD starts. They offer various repayment terms, including seasonal repayment, and a 90-day program that allows equipment to be used before payments are collected. US Business Funding emphasizes their speed, claiming equipment can be funded in as little as 24 hours.
What's missing from U.S. Business Funding's equipment leasing program?
US Business Funding is a solid option for businesses with strong cash flow, at least two years of operations, and a flexible equipment lease offering. Start-up businesses and businesses with gross annual revenues of less than 250.USD 000 does not meet the minimum criteria for this lender. Therefore, businesses that cannot meet these standards need to explore other options.
US Business Funding Reviews
Reviews for US Business Funding are generally positive. The company receives more than 4 stars from consumers and professional reviewers. The BBB gives them an A + rating with a track record of satisfactorily addressing customer complaints. Positive reviews establish that US Business Funding acts honestly and supports US Business Funding's request for fast funding.
Business owners who mention negative experiences with US Business Funding call attention to aggressive email marketing and sales practices. Overall, such ratings are in the minority. However, some borrowers may find these marketing tactics off-putting.
How to Apply with US Business Funding
Borrowers who participate in equipment leasing from 10.000 dollars from US Business Funding are interested can apply online to get approved in just one minute. Funding is provided in as little as one day.
Wells Fargo Bank: best equipment financing for Wells Fargo customers
Wells Fargo Bank is considered very business friendly due to the breadth and depth of banking and lending products available, the number of banking and ATM locations across the country, and convenient hours including Saturdays. Existing Wells Fargo customers seeking an equipment financing option from a well-known banking institution should consider this option, which offers flexible underwriting criteria as well as reasonable fees.
Wells Fargo Bank financing types available
Wells Fargo Bank's main types of financing are:
- Equipment Express Loan
- Equipment Leasing
- SBA Loan
- Credit lines
- Term loan
- Business Credit Card
Wells Fargo Bank offers a variety of banking and lending products for business and consumer. For our purposes, we will focus on the equipment loan, which is called an Equipment Express Loan. Business owners with a commercial banking relationship with Wells Fargo Bank will note a very comprehensive range of options for borrowers who wish to maintain their relationship with a single institution.
Wells Fargo Bank Equipment Express Loan Qualifications
Qualifications for the Equipment Express loan from Wells Fargo Bank are:
- Minimum score: 640 (check your score for free)
- Minimum business hours: not listed
- Minimum annual sales: Not listed
- Asset condition: new or used
Wells Fargo Bank's minimum score of 640, while not as low as many alternative lenders' minimum credit scores, is competitive for a larger bank. Wells Fargo Bank is increasing the flexibility of its underwriting and does not list minimum business hours or annual sales. Borrowers should be able to show $1.50 in revenue for every $1 borrowed. New and used equipment is eligible for the Equipment Express Loan from Wells Fargo Bank.
Express Loan Costs for Wells Fargo Bank Equipment
The rates and fees you should expect with Wells Fargo Bank's Equipment Express Loan are:
- Interest rate: from 6.75%
- Fees: A $150 documentation fee may be waived
- Minimum Down Payment: 0%
Wells Fargo Bank's starting rate is 6.75%, but offers no interest rate spread. This rate includes a 0.25% discount based on automatic payment from a qualified business account. Similarly, the $150 documentation fee can be waived with a qualified account. While Wells Fargo Bank offers 100% equipment financing, a down payment may be required due to credit and other considerations.
Express Loan Terms for Wells Fargo Bank Equipment
General terms for Wells Fargo Bank's Equipment Express loan are:
- Amount financed: 10.000 to 100.000 US dollars
- Term: 24 to 72 months
- Repayment frequency: monthly
- Security: equipment only
- Speed of financing: 2 to 4 business days
Wells Fargo Bank's Equipment Express loan terms are quite flexible. Term is up to six years and is based on the expected economic life of the equipment. Wells Fargo Bank does not require additional collateral because the financed equipment meets this requirement. In most cases, a personal guarantee is required from business partners with a 20% or more interest rate.
What Wells Fargo Bank Equipment Express Loan Is Missing
Wells Fargo Bank's Equipment Express loan offers straightforward equipment financing that allows existing bank customers to benefit from easy terms and competitive rates complemented by a nationwide presence. Wells Fargo does not currently offer this loan program to newcomers to the bank, which requires a checking or savings account relationship that has been open for at least one year to apply.
Wells Fargo Bank Reviews
Ratings for Wells Fargo Bank are mixed, which is not unusual for a bank with a nationwide presence and should not necessarily deter potential borrowers. Positive reviews typically attest to Wells Fargo's abundance of banking locations and Wells Fargo's recent efforts to restore customer confidence. Negative ratings focus primarily on deposit accounts, particularly low interest rates on savings accounts and strict lending requirements.
Here's how to apply for a Wells Fargo Bank Equipment Express Loan
Business owners with an existing checking or savings account that has been open for at least one year can apply online with Wells Fargo and receive same-day approvals for equipment financing up to 100.000 USD received.
BlueVine: Best short-term equipment financing
BlueVine is a relative newcomer to the alternative lending space. It focuses on using technology to deliver capital to small businesses quickly and easily by enabling the company to quickly attract borrowers for loan products for which they might not otherwise be eligible. Borrowers who need quick access to short-term capital for equipment and working capital financing should consider BlueVine's LOC.
BlueVine financing types available
BlueVine's main types of financing are:
- Term Loan
- LOC
- Invoice Factoring
BlueVine entered the alternative lender industry with two products, LOC and invoice factoring. Recently they have added term loans.For borrowers who need flexibility and short-term financing, we focus on the Business LOC program.
BlueVine qualifications
Qualifications for BlueVine's LOC are:
- Minimum score: 600 (check your score for free)
- Minimum transaction period: 6 months
- Minimum annual loan amount: $100,000
- Asset condition: N/A
Qualifying for a BlueVine LOC is simple, and that simplicity is one of the program's attractions. Borrowers should have a minimum of 600 credit score and gross annual sales of 100.Have USD 000 or more. Businesses as young as six months old can project revenue to meet this qualification, which means they should be able to generate monthly revenue of at least 8.To pay off 400 USD.
BlueVine LOC Cost
The rates and fees you should expect with BlueVine's LOC are:
- Interest rate: 15% to 78%
- Fees: Bank transfer $15; Automatic clearing house (ACH) is free of charge
- Down payment: 0%
BlueVine advertises rates as low as 4.8%. However, actual APRs range from 15% to 78%, which will vary significantly depending on the borrower's credit score. BlueVine's LOC is otherwise fee-free, with the exception of a $15 wire transfer fee if borrowers choose to obtain their financing this way.
BlueVine LOC Terms
General conditions for BlueVine's LOC are:
- Funding Amount: Up to 250.000 US dollars
- Term: 6 or 12 months
- Repayment frequency: Weekly
- Security: blanket UCC lien
- Speed of funding: as soon as the same day
BlueVine's LOC terms vary little. Lines are up to 250.000 U.S. dollars available with a repayment term of six or 12 months. Payments are due weekly and are automatically deducted. A flat UCC lien is specified for all business assets. Borrowers should be wary of blanket property liens, as they may discourage other lenders from lending while the lien is in place.
What BlueVine LOC lacks
A BlueVine LOC is an easy way for businesses to access short-term financing for equipment financing of assets that would not otherwise qualify, as well as short-term working capital. What BlueVine doesn't do well is long-term financing. With a maximum term for financing of 12 months, borrowers may want to look elsewhere if they are unable to pay off the debt quickly.
BlueVine Assessments
Similar to other lenders on this list, BlueVine has a mostly positive online reputation. BlueVine averages at least four stars on consumer and professional review websites and is rated A+ by the BBB. Positive reviews praise BlueVine for providing capital when other lenders would not, and several reviewers claim excellent service from their account manager.
Here's how to apply with BlueVine
For fast approval and access to funds, potential borrowers can apply online with BlueVine as early as the same day and receive initial approval for a business LOC of up to 250 within just 24 hours.000 USD received.
National Business Capital: Best Working Capital Option
National Business Capital emphasizes a personalized approach in an increasingly impersonal, automated alternative lending landscape and is a marketplace lender with several unique financing options. Borrowers with strong credit scores and established businesses should consider National Business Capital for long-term equipment financing and working capital needs.
National Business Capital types of financing available
National Business Capital's main types of financing are:
- Term loan
- LOC
- Accounts receivable and purchase order financing
- Equipment Leasing
- Equipment loan
- SBA Loan
- Commercial mortgage
- Performance progress
National Business Capital offers an impressive variety of financing products, including equipment financing in the form of leases and loans. The Hybridge loan offers a unique proposition. With the Hybridge loan, National Business Capital combines a quick business loan with a long-term SBA loan, giving borrowers access to the best of both worlds for their equipment financing and working capital needs.
Qualifications for Hybridge Loan Equipment Financing from National Business Capital
Qualifications for National Business Capital's Hybridge loan are:
- Minimum score: 685
- Minimum period of business: two years
- Minimum annual revenue: $120,000
- Asset condition: restrictions may apply
The National Business Capital hybrid loan consists of two loans. To qualify, borrowers must meet the criteria not only for a short-term loan, but also for an SBA 7 (a) loan. To meet these criteria, borrowers need strong credit and a turnover of at least two years. Borrowers should expect a much more rigorous application process, including comprehensive financial documentation.
Financing costs for National Business Capital Equipment
The rates and fees you should expect with National Business Capital's LOC are:
- Interest rate: SBA loan, 7.50% to 10.00% APR; bridge loan, 8% to 20% simple interest
- Fees: 2.99% of amount financed; 1% to 4% SBA-related fees
- Deposit: 10% to 20%
Because these are two separate loans, there are different interest rates to consider. SBA interest rates are set at the federal level, but borrowers should know they can negotiate for the lowest rate possible. National Business Capital usually charges around 2.99% of the financed loan amount as brokerage fee. Then there are various SBA fees to consider, ranging from 1% to 4% of the total loan.
This type of borrowing can seem expensive with all the associated fees. However, borrowers should keep in mind that these fees can be rolled into the loan, increasing the APR but spreading the cost over 10 to 25 years. In total, borrowers can apply for a hybrid loan in the amount of 250.000 USD fees between 9.000 and 17.000 USD expect.
Financing conditions for national business capital
General terms and conditions for National Business Capital's hybrid loan are:
- Amount of financing: 50.000 to 5 million US dollars
- Term: 10 to 25 years
- Repayment frequency: Monthly
- Security: equipment, business assets or personal property
- Speed of financing: as early as the second day
While National Business Capital Hybridge loans for as little as 50.000 USD, the option will probably be at 150.000 USD or more feasible. SBA will ask that the loan be fully secured as much as possible. This means that a lien can be placed on a primary residence if one is available. A real highlight is that Hybridge can give borrowers access to funds in as little as 48 hours.
What equipment financing from National Business Capital is missing?
National Business Capital's Hybridge loan solves how to grow your business while you wait for your SBA loan to be funded. This is a great option for borrowers who are concerned about high equipment financing costs and need to pay those costs over a long period of time . The hybrid loan does not solve this problem for startups. Because of the strict underwriting requirements, many borrowers have to consider other options.
National Business Capital reviews
With a rating of at least four stars on professional reviews and an average of more than 4.5 stars on most customer review websites, National Business Capital's response has been overwhelmingly positive. They have also collected an A + from the BBB. Positive reviews credit a personalized process with knowledgeable representatives for repeat business.
Of the negative experiences recorded by individual reviewers, many note that the interest rates they ended up paying were much higher than expected. Some also warn borrowers to read the fine print of their contract before signing it. This is advice that should be applied to any financing relationship.
How to apply for a Hybridge loan with National Business Capital
Borrowers can pre-qualify without taking out a hard loan by visiting National Business Capital and accessing up to 5 online.000.Apply for $000 through their Hybridge loan.
How equipment financing works
In a typical equipment financing arrangement, such as an equipment loan or lease, the equipment acts as collateral. Often, the borrower can get the equipment at up to a 20% discount and make agreed-upon payments for the life of the contract. Soft costs are often included in the amount financed and include installation, delivery, and potential training. Working capital is typically not available.
Types of equipment financing
There are several types of equipment financing, and some of the most popular are equipment loan against equipment lease, SBA 504 loan, SBA 7 (a) loan, and self-funding.
Equipment loan vs. equipment lease
Deciding whether to enter into an equipment loan or equipment lease usually depends on a few factors. The first factor to consider is whether the equipment will be owned long-term. If this is the case and all other factors are equal, the best option is likely an equipment loan. Other factors include the desired payment size and repayment frequency.
If the equipment needs to be replaced frequently due to rapid obsolescence or other factors, an equipment lease may be a better option. Businesses needing more favorable payments may want to consider an equipment lease where more creative repayment terms are available. This can include seasonal repayments and top-up and deferred options.
SBA 504 Loan
A popular option for borrowers who meet strict underwriting requirements and can wait 45 to 60 days for financing is the SBA 504 loan. With an SBA loan, the equipment acts as part of the collateral securing the loan. Other collateral may be required, including other business assets, and possibly the borrower's personal home, if any, will be assumed. In return, borrowers receive low interest rates and the longest terms available.
SBA 7 (a) Loan
Another option for business owners who need additional working capital, especially if it is not feasible to wait for SBA 7 (a) loan funding, is an unsecured business term loan. This option allows a business to obtain funding for equipment purchases as well as other working capital needs. The tradeoff, however, is that interest rates are often much higher and available terms are much shorter than a comparable SBA loan.
Self-financing
Entrepreneurs interested in equipment financing should understand that there is another option, self-financing. Captive financing is often referred to as in-house lending and refers to loans provided by the manufacturer or dealer of certain equipment. When in-house financing is available, it is often offered at the best interest rates available to borrowers.
Advantages of self-financing
Manufacturers and dealers that offer self financing often offer additional incentives such as rebates and discounts on their equipment. In many cases, it is offered for a fixed period with an annual interest rate of 0%, which is often referred to as equalized financing. Business owners should always check if in-house financing is available and compare it to options available on the open market.
Disadvantages of self-financing
Because financing is offered by a specific manufacturer or dealer, the amount and type of equipment that can be financed is limited compared to other forms of financing. For companies interested in financing used equipment, in-house financing is often not available. In addition, 0% APRs and similar offers are generally only available to well-qualified borrowers, and borrowers with bad credit may not qualify at all.
End effect
There are several types of equipment financing, and to choose the right one, borrowers need to evaluate their needs, including whether they want to keep or upgrade equipment and whether the business needs additional working capital. To determine the best financing, borrowers should consider their priorities in advance and consider several equipment financing companies to choose the right one.
Crest Capital is our choice for best equipment finance company. Borrowers can fill out an application online and get fast approvals the same day with financing available in as little as 24 hours.