Capital for your business equipment and technology
The right equipment lets you serve more customers, work faster and offer new services. With working capital you can invest in it without draining your operating account.
Equipment and technology
The right equipment lets you serve more customers, work faster and offer new services. With working capital you can invest in it without draining your operating account.
- Lifts and tools for auto shops
- Ovens, refrigeration and kitchen equipment
- Point-of-sale systems and software
- Commercial washers and dryers
- Dental or medical equipment
- Work vehicles and machinery
GROW™ — capital for your next stage
This use fits GROW™, our growth capital: up to $350,000, terms of up to 10 years, no prepayment penalty and no specific personal collateral required, with a fast-track funding process. A longer term helps protect your cash flow while the equipment starts paying for itself.
Frequently asked questions
Can I use the capital for used equipment?
In many cases working capital can be used for different kinds of equipment. The lender confirms which uses are eligible for your case.
Do I have to put up my house as collateral?
Personal assets are not required as collateral under this program. Limited business collateral requirements may apply depending on the lender.
How fast can I get the money?
With a fast-track funding process, funds are deposited quickly once approved, subject to a complete application and meeting all closing requirements.
What do I need to qualify?
Generally three or more years in operation, a 650+ FICO score for the guarantor, a 165+ SBSS score, current debts, a minimum 1.25x DSCR and no bankruptcies in the past seven years. Additional requirements may apply.
Industries where it is common
Uses of capital
Find out what your business may qualify for
Answer a few questions and an advisor will review your case, with no obligation.
All financing is subject to approval, financial analysis and lender terms.