Equipment Refinancing

Equipment Refinancing

When a company is considering the process of machinery or equipment refinancing they currently own, it is typically for one of the following reasons:

  • Lower Monthly Payments on Current Debt
  • Improve Cash Flow
  • Unlock Working Capital
  • Accounting or Tax Benefits
  • Cash Out the Equity in your Equipment
  • Exit a Current Lending Relationship
  • Restructure Current Debt
  • Consolidate Multiple Loans/Lenders into One

Refinancing your equipment and machinery can facilitate the much needed working capital that’s necessary to help your company prosper. Whether you’re going through a period of growth or need to leverage the equity in your equipment and machinery during a turn-around scenario, Viking Equipment Finance can help with our equipment refinance options.

As you have probably discovered, banks are more than willing to help with financing new equipment, but it when it comes to used equipment refinancing, it’s a different story.

Having an extensive knowledge of the used equipment market place enables us to make quick decisions to expedite your funding requirements. We will also consider older and specialized equipment that other funding sources may be forced to pass on.

No matter your current situation, we will work with you to help accomplish your specific goals. With our equipment refinance solutions, we will work together to find a solution that works for your company.

For all your equipment refinancing needs – Contact Us Today

Eligible Equipment & Machinery:

• Aggregate Equipment
• Agricultural Equipment
• Aviation Equipment
• Bottling Equipment
• CNC Equipment
• Concrete Equipment
• Construction Equipment
• Drilling Equipment

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

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

• Quarry Equipment
• Railroad Equipment
• Recycling Equipment
• Semiconductor Equipment
• Shipping Equipment
• Transportation Equipment
• Truck Fleets
• Trailer Fleets


Small-Ticket Program

Transactions: $50,000 – $300,000

  • Application-Only
  • 640+ FICO
  • 2+ Years Time in Business
  • Purchase or Refinance
  • Dealer and Private Party Sales
  • Loans and EFAs

Mid-Ticket Program

Transactions: $300,000 – $1 million

  • Full Financials Required
  • 600+ PayNet
  • Purchase or Refinance
  • Last 2 Years Tax Returns
  • Last 3 Months Bank Stmts
  • Loans and EFAs

Big-Ticket Program

Transactions: $1 million – $50 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)