Equipment Financing with Avanza Capital gets your business the new equipment for your business in a flash. Business owners can use Equipment Financing to purchase new resources that would otherwise be difficult to attain with active working capital. It’s a wonderful way to add verticals to your business, or just update equipment and machinery for better efficiency.
Amount: $10,000 - $500,000
Term: 6 to 12 months
Payments: Daily, Weekly, Monthly
Processing Time: 3 - 5 days
Pros: -Provides funding for what you need
-Easy and quick funding
Cons: -Limited to Equipment only
Frequently Asked Questions
Who does Equipment Financing fit best?
Equipment Financing is a great option when you have a piece of equipment that you’re confident would increase sales if it were to be upgraded. A business involving driving of any kind could use this financing to purchase a new fleet of vehicles. A hair salon could buy new hair dryers, or other hairstyling equipment, etc.
How much does Equipment Financing cost?
Our Equipment Financing rates are available to business owners at rates as low as 10%. The equipment that you purchase is used as collateral, so there’s no need to put up anything else, such as your house or the business building. The equipment you have in mind coupled with an accurate business strategy to increase business will lead you to find that the payments finish sooner than initially expected — making for a great financing option.
What do I need to qualify?
Qualifying for Equipment Financing is very simple and hassle free. We review a number of factors pertaining to your business including credit score, years operational in business, the value of the equipment and the businesses’ financial history.
212-457-1336 3261 Richmond Ave, STE 121, Staten Island NY 10312