Business Equipment Financing
Our Equipment Financing program offers funding used to purchase business-related equipment, such as a restaurant oven, a vehicle or a copier scanner. From heavy-duty equipment to general purpose-machines, Smart Business Funding can help you finance business equipment. We offer a variety of financing options on equipment your company needs.
Equipment Financing Process
Getting Equipment Financing is simple. Our process is broken into 4 easy steps: Apply, Qualify, Receive, and Reimburse.
Applying
You or a financial expert from your organization fills out a brief business funding application and sends it to our team along with bank statements of the business over the last three months. We also need the invoice of the equipment.
Qualifying
Our team will review the information you’ve provided. Generally, most inquiries get approved within a matter of hours.
Receiving
Receiving your new funding from Smart Business Funding can take 24 hours or less! If there are no hiccups in the application and qualifying stages, we can get the funds to you within 24 hours after approval. Our goal is to get your business funds into your hands as fast as possible. We will work with you to make sure that happens.
Reimbursement
Repayment terms can be up to 10 years or more, depending on your agreement. Contract terms are based on various credentials and underwriting information. In order to fully reimburse your financing, Smart Business Funding captures a small, flexible and affordable daily, weekly or a monthly amount from the business bank account.
Frequently Ask Questions
A : No. There are never any penalties for paying off the Equipment Financing early. We actually offer discounts and incentives for paying back the Equipment Financing early.
A : There is no reporting to any credit reporting agency.
A : Businesses are typically eligible for renewal as soon as they are 50% paid back.
Get The equipment financing You Need Today
Businesses of all sizes are encouraged to contact us about our Equipment Finance options or apply today! Financing from Smart Business Funding that backs your business to help it grow can be the difference between an average business and one that succeeds and surpasses competitors. Contact us today to learn more!
