Frequently Asked Questions
Absolutely! We are able to facilitate funding up to $20,000 for true start-ups (1 year or less in business) and up to $30,000 for business 1-2 years in business.
While excellent credit is not a requirement, this program is for those applicants who have at least a 625 Equifax credit score.
There are a few industries and equipment that our partners will not finance with this program. Those industries and equipment include: cannibas, adult entertainment, movie production, real estate, haz mat, ATM, gaming machines, aircraft, boats, LED lighting and weapons.
Absolutely! The preferred titled equipment we can get financed for you includes: buses and vans, tow trucks, vocational trucks, day cab trucks, dump trucks and cement trucks, just to name a few. Our funding partners will not fund, however, over the road trucks.
For the most part, funding up to $35,000 does not include any advance payment requirements. However, leases over $35,000 will most times require either 10% down or first and last payment lease payment.
Yes, but not under this program. The 4 Hour Loan program is specifically geared for equipment purchase transactions. However, we do offer Sales-Leaseback programs under our regular Equipment Funding Program up to $25M! Just contact us to inquire.