Our Solutions
Our Solutions
EQUIPMENT FINANCING
Whether you’re a business owner aiming to upgrade your machinery, acquire new technology, or expand your operational capacity, equipment financing offers a tailored solution to meet your needs. This specialized form of financing enables businesses to acquire the necessary equipment without the burden of a significant upfront cost, including preservation of working capital, improved budgeting through fixed payments, and the ability to stay up-to-date with technology and industry trends. It’s an excellent option for businesses seeking to maintain their competitive edge without tying up valuable capital.
Why Equipment Financing?
Equipment financing works by providing businesses with the funds needed to acquire necessary equipment for their operations. This financing option is particularly useful for businesses that need expensive equipment but may not have the immediate capital to purchase it outright.
How does it work?
Here’s a step-by-step breakdown of how equipment financing typically works:
- Identifying Equipment Needs: The process begins with a business identifying the specific equipment it requires to improve operations, expand capacity, or stay competitive. This could include machinery, technology, vehicles, medical equipment, or any other type of equipment relevant to the business's industry.
- Loan or Lease Offer: If approved, the financing provider presents the business with a loan or lease offer.
- Ownership: In the case of loans, ownership of the equipment transfers to the business once the loan is fully repaid. In leasing, ownership options vary depending on the lease type. A capital lease, for example, often allows the business to purchase the equipment at the end of the lease term for a nominal amount.
Request a Consult
EQUIPMENT FINANCING
FAQ
Equipment financing involves owning the equipment at the end of the financing term. Leasing, on the other hand, provides the option to return the equipment at the end of the lease term or purchase it for a predetermined amount.
Benefits include preserving working capital, predictable monthly payments, potential tax advantages, staying up-to-date with technology, and improved budget management.
Some lenders may require a down payment, while others offer 100% financing. A down payment can lower the total financing amount and monthly payments.
Some financing agreements allow for equipment upgrades or additions during the term, while others might require separate financing arrangements.
Yes, equipment financing is suitable for businesses of all sizes, from small startups to large enterprises, looking to acquire essential equipment.
Why Amrock Financial?
AmRock Financial hasprovided $1 billion + in financing to more than 400+ small and mid-sized businesses in the US and Canada over the last 16 years, working with a pre-approved network of 1700+banks and Non-bank lenders nationwide.
If you are looking for a business loan, refinancing, or additional working capital, we provide Debt Structures from $1 million to $100 million.
Although banks have reduced lending in today’s market there are many other funding options available to you.
If you’re interested in scheduling a 30 min introductory call, book a meeting here:
Overview of our
Financial Solutions
If you’re in need of financing for your business, asset-based lending provides a unique and flexible solution leveraging your company’s tangible assets.
If you’re a small business owner seeking financing, the U.S. Small Business Administration (SBA) offers a range of loan programs to access affordable capital with favorable terms and flexible repayment options.
Factoring can be a valuable financing solution to improve cash flow. Convert your accounts receivable into immediate cash to optimize your cash flow.
Whether you’re an aviation enthusiast or a business professional seeking to acquire an aircraft, we’re here to guide you through the process.
A specialized financing option designed to help businesses cover the costs of fulfilling customer orders without depleting their working capital.
Trade financing can provide you with the necessary working capital solutions, and risk management tools to navigate the complexities of the global marketplace.
- 1001 Brickell Bay Drive 27th Floor Miami, Florida 33131
- 305-440-8480
- applications@amrockfinancial.com