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

  • Lower Rates
  • Better Terms
  • Improve Cash Flow
  • Generate Working Capital
  • Accounting or Tax Benefits
  • Leverage the equity in your assets
  • Exit a current lending relationship

Refinancing your current 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.

Equipment Refinance – Collateral Based 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