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.

Equipment Collateral Only Loan Program:

• Deal Size: $1 million – $55 million
• Minimal Financials Required
• Minimal Credit Underwriting
• No Financial Covenants

• Advance = 65-80% of Auction Value
• 3rd Party Appraisal Required
• Operating or Capital Leases
• Term Loans Available

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