Asset Based Equipment Financing

For companies that fail to meet traditional bank lending criteria, asset based equipment financing can be a viable alternative equipment finance solution.

This program works well for startups, or companies that lack historical cash flow to support conventional lending guidelines. Our asset based equipment loan or lease solutions offer you options, even if your credit is less than perfect.

We offer asset based equipment loans or asset based equipment leasing solutions for companies that need to rely on the auction value of their equipment and machinery as the primary focus for the lending decision.

Asset based equipment financing is a quick way to obtain capital based on the assets your company already owns and wants to refinance, complete a sale-leaseback, or intends to acquire with a significant down payment.  This program helps companies in all stages of the business life cycle that simply want to recover or retain working capital.

*Post COVID-19 update – we are currently requiring a credit and financial review of all clients, even for this program.

Eligible Equipment & Machinery:

• Aggregate Equipment
• Agricultural Equipment
• Aviation Equipment
• Bottling Equipment
• Business Helicopters
• CNC Equipment
• Concrete Equipment
• Construction Equipment
• Corporate Jets
• Drilling Equipment

• Energy Equipment
• Fabrication Equipment
• Factory Equipment
• Food Processing Equipment
• Heavy Equipment
• Industrial Equipment
• Logging Equipment
• Machine Tools
• Manufacturing Equipment
• Marine Equipment

• Medical Equipment
• Metalworking Equipment
• Mining Equipment
• Oil & Gas Equipment
• Packaging Equipment
• Pharmaceutical Equipment
• Plastics Equipment
• Printing Equipment
• Production Equipment
• Processing Equipment

• Quarry Equipment
• Railroad Equipment
• Recycling Equipment
• Semiconductor Equipment
• Shipping Equipment
• Transportation Equipment
• Truck Fleets
• Trailer Fleets
• Tug Boats
• Workboats

Small-Ticket Program

Transactions: $50,000 – $250,000

  • Application-Only
  • 550+ Credit Scores
  • Purchase or Refinance
  • Competitive Rates
  • Dealer or Private Party Sales
  • Loans and EFAs

Mid-Ticket Program

Transactions: $250,000 – $1 million

  • Some Financials Required
  • 550+ Credit Scores
  • Purchase or Refinance
  • Last 2 years Tax Returns
  • Last 3 months Bank Stmts
  • Loans and EFAs

Big-Ticket Program

Transactions: $1 million – $25 million

  • Full Financials Required
  • Credit – Flexible
  • Purchase or Refinance
  • Last 3 Years Financials
  • Current YTD Financials
  • Loans and Leases

*All transactions require a completed Application and Invoice (purchase) or completed equipment list (refinance)