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:

  • Better Rates/Terms
  • Improve Cash Flow
  • Generate Working Capital
  • Accounting or Tax Benefits
  • Cash out the equity in your equipment
  • Exit a current lending relationship

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

As you have probably discovered, banks are more than willing to help with new equipment financing, 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 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 many equipment refinance solutions, we will work together to create a solution that’s best for your company.

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)