Equipment & Vehicle financing allows you to finance new or used equipment/vehicles for your business, such as ovens for a restaurant, machinery, heavy-duty trucks, and company owned vehicles.
How much of a down payment do I need:
SBA provides as low as 15% down payment and conventional is about 20-25%. There are some places that can finance 100%. BE CAREFUL when selecting these as you want to make sure that you have equity in every piece of equipment or vehicle you purchase or your business can become highly leveraged then when you need a Line of Credit or building, you can run into problems.
Have more Questions? Are you located in Washington State?
Contact Paul Long
Call or Text (253) 300.5414 email: email@example.com