Equipment Collateral Loans

Equipment collateral loans are great solutions for companies that don’t necessarily meet traditional lending criteria.

Whether you’re a startup trying to launch your business, or lack historical cash flow to support bank lending requirements, Viking Equipment Finance will work with you to help accomplish your goals. Our collateral based loan or lease solutions offer you options, even if your credit is less than ideal.

We provide equipment collateral loans, leasing, and sale leaseback solutions for companies that seek to rely on the appraised value of their equipment and machinery as the primary focus for obtaining financing.

Asset based equipment financing is a fast way to obtain capital based on the collateral your company already owns and wants to refinance, or intends to acquire with a significant down payment.  This program works well for 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)