Term Loan
A lump sum at a fixed rate, repaid on a schedule set before anything is signed.
- Funding amount
- $10,000 – $1,000,000
- Starting rate
- From 6%
Capital for every stage of growth
Equipment Loan
For machinery, tools and technology, with the equipment itself as security.
- Funding amount
- Up to $250,000
- Term
- 1–5 years
- Starting rate
- From 8%
- Repayment
- Monthly
Equipment Loans
The structure, in two paragraphs
An equipment loan provides the capital to acquire or lease the machinery, tools or technology a business runs on, strengthening its infrastructure without depleting working capital. The financed equipment ordinarily serves as the security, which can simplify qualification considerably.
This is the one programme here that is secured, and that fact runs in both directions: it will look past a thinner credit file than the others, and the equipment can be recovered if the obligation is not met. The term is matched to the working life of what is acquired.
What it provides
Why a business selects this one
- Equipment as collateral
- Preserve cash reserves
- Term matched to the asset's life
- New or used, purchased or leased
The application
Begin your application
A few minutes, no fee, no obligation, and no impact on the owner's credit to see what the network will offer.
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All six
How it compares with the other five
Line of Credit
A facility approved once and drawn at will, with interest only on the balance taken.
- Credit limit
- Up to $1,000,000
- Starting rate
- From 5.5%
Short-Term Business Loan
The same structure as a term loan, repaid across a shorter horizon.
- Funding amount
- $10,000 – $1,000,000
- Starting rate
- From 6%
Working Capital Loan
Capital for the running of the business rather than the growing of it.
- Funding amount
- Up to $1,000,000
- Starting rate
- From 4.5%
Equipment Loan
For machinery, tools and technology, with the equipment itself as security.
- Funding amount
- Up to $250,000
- Starting rate
- From 8%
Merchant Cash Advance
A lump sum against future card receipts, recovered as a share of those receipts.
- Funding amount
- Up to $500,000
- Factor rate
- 10% – 35%