Get the capital you need for commercial vehicles, business equipment and technology, while building credit for future expansion.
BizLoan1 Capital has access to over 350 equipment lenders who understand your specific industry and unique business needs.
Simple Process: No Tax Returns or Financial Statements up to $200,000. Also Streamlined Options for equipment purchases over $200,000.
Sometimes a traditional equipment loan is the most sensible approach. Our diverse clientele has access to lenders in nearly every industry in America. There are far too many equipment types to list all those we finance. Get in touch with us, and together we'll procure the right program to meet your needs for new or pre-owned equipment.
Equipment Lease programs offer large tax benefits in the year your equipment is financed, and is commonly used by companies whose equipment depreciates quickly such as medium and heavy duty vehicles, construction equipment, computers, office equipment and furniture. This type of financing is maximized if your equipment generates consistent monthly cash flow.
Lease programs can also help you maintain a healthier balance sheet since lease payments show up as a monthly expense versus a long term liability on your balance sheet. This can sometimes result in more available credit for your company.
These loans are great for companies who don't want a 4 to 6 year repayment schedule; preferring a shorter term arrangement. Sometimes it makes more sense to pay off your equipment loan early; this can be beneficial for businesses that lease or otherwise charge other businesses or consumers for the use of their equipment.
These programs afford you with all the benefits of a traditional equipment loan (build business credit, tax deductible interest, no prepay penalties; but often offer more flexible terms and rates.