Equipment Financing
Let Us Help You Find Equipment Financing That’s Right for Your Business
Are you looking for equipment financing with a quick application turnaround? Hemingway Financial Group has you covered. We can approve applications in as few as 24 hours for small ticker items like computers or software, or three to five days for middle-market or big-ticket items, like backhoes and bulldozers.
We also offer loans with excellent rates and repayment periods, up to 84 months, for qualified borrowers. Additionally, we can work with you to find a payment structure that is best. Other specifics about our programs include:
- Up to $500,000 or more, depending on the item
- No financial statement for applications of $150,000
- Little or no down payment
What We Offer
In the pursuit of offering options to our clients, we curated several financial offerings. Our programs include municipal and government leasing, sale and leaseback, startup, and B, C, and D credit offerings.
Government leasing programs are only for government and municipal entities. The loans or leases are guaranteed-approved through the government.
The sale and leaseback program is popular for non-government entities with good credit. We purchase the equipment and lease it back to you. You will retain ownership when all payments are made.
We understand that startups or those businesses under two years old can have trouble locating equipment financing opportunities. Our startup program is specifically designed for younger firms.
Finally, our B, C, and D credit programs cater to those with credit issues. Economic hardship can impact any business, but without a program suited to poor credit, companies cannot get the equipment needed to compete.
Advantages of Equipment Financing
While sole ownership is lucrative, there are advantages to equipment financing. Some of the most significant benefits include:
- Low, fixed monthly payments
- Accounting and tax incentives
- Elimination of obsolescence
- Cash flow improvements
- Preservation of credit limits
Contact Us
Get the equipment you want for your business by contacting Hemingway Financial Group to explore your options.