Equipment
Funding
See if you Qualify for a Equipment Funding
Checking for pre-approval will not affect your credit score.
Types of Equipment Financing and Leasing
Financing or leasing commercial equipment enables business owners to keep their cash on hand while leveraging ROI-positive investments for their business.
Equipment Financing
Equipment financing typically more flexible than a lease.
✔ No further obligation to lender after term ends
✔ No purchase options or large down payments
✔ Business retains full ownership of equipment
✔ Affordable monthly payments towards balance
✔ Provides same tax benefits as a capital lease
✔ No age limit on used equipment
Capital Lease
The "$1 buy-out" lease.
✔ Lender retains ownership of equipment during lease
✔ Lessee has full use of equipment
✔ Considered a purchased asset for accounting purposes
Operating Lease
Also called a "True Lease."
✔ Meets FASB 13 standards
✔ Lessor can claim the tax benefits of ownership
✔ Lease is kept off financial statements
✔ The right to use, not the asset, is transferred to the business
✔ Monthly "rental payments" that do not effect balance sheet
✔ Lessor assumes some risk of ownership
✔ Can still realize tax deductions due to depreciation and interest paid
✔ Can purchase equipment at fair market value at the end of the lease
TRAC Lease
A tax oriented lease specifically for commercial vehicles and trailers.
✔ Provides a "Terminal Rental Adjustment Clause" guaranteeing a certain residual price when lease ends
✔ Purchase equipment for a pre-determined amount at the end of the lease
✔ No down payment required
✔ Lessor gets tax benefits passed to lessee in the form of lesser payments
✔ Lessee can retain full control of vehicle at the end of the term
100% Equipment Financing
All hard and soft costs are covered.
✔ Financing for new and used equipment, technology and software
✔ 100% of costs are covered
✔ Training, maintenance, freight, installation and taxes all included
Application-Only Micro-Ticket Financing
Ideal for micro-ticket equipment purchases.
✔ Financing equipment from $1,000-$30,000
✔ No financial records required
✔ 1-page application
Application-Only Small-Ticket Financing
Ideal for small-ticket equipment purchases.
✔ Financing equipment from $30,000 - $250,000
✔ No financial records required
✔ 3 months bank statements
✔ 1-page application
Application-Only Medical Equipment Financing
An easy option for companies in the healthcare space.
✔ Financing up to $300,000
✔ No financial records required
✔ 3 months bank statements
✔ 1-page application
Mid-Ticket Equipment Financing
Large equipment funding amounts for qualified companies.
✔ Financing up to $250,000 to $5,000,000
✔ Full financial disclosure for private companies
✔ 1-page application for public companies
Seasonal Equipment Financing
Available option for seasonal businesses.
✔ Up to 90-days deferred payment
✔ Conserves cash flow
✔ Step-down payments determined for slower months
Startup Equipment Financing
Solution for early stage businesses needing equipment.
✔ Financing up to $75,000
✔ 24 hour turn around
✔ Additional funds available with collateral or structuring
Equipment Consolidation Financing
Allows businesses to keep their equipment up to date.
✔ Refinance existing purchases
✔ Consolidate existing debt with new equipment purchases
✔ Lower monthly payments with a merged schedule
✔ Free up cash flow
✔ Streamline monthly payments
Equipment Sale-Leaseback
Leverage existing equipment assets to gain access to cash.
✔ Advances up to 50% of appraised market value of qualified equipment
✔ Source of working capital
✔ Pay off existing high interest debt
Ready for Equipment Funding?
Call us at 978.417.9325
Headquarters
Hub Financing, LLC
19L Inn Street
Newburyport, MA. 01950
Monday - Friday
8am - 6pm EST
Phone: (978) 417-9325
chris@hubfinancing.com
Who We Are
Debt Refinancing
Business Expansion
Construction Completion
Opportunistic Acquisitions
Equipment Purchases
© 2019 - 2022 | Hub Financing, LLC | All Rights Reserved
Hub Financing, LLC is a lead generation and validation corporation. All clients of Hub Financing, LLC are funded through a licensed direct lender, creditor, bank, brokerage, or loan originator. Hub Financing, LLC does not originate loans, process or facilitate credit repair or credit restoration services. All financial, loan, and credit recommendations given by Hub Financing, LLC are free of charge and recommendations only. Hub Financing, LLC does not provide any legal or tax advice.