Equipment Financing FAQ's:
If you have questions about factoring or equipment financing give us a call: 888-581-5990
 |
What is the difference between a lease and a loan? |
| We offer both lease and loan financing options. Most equipment today is done as a lease. This is because you can get into a lease for the least money down - many times just first and last payment. With a lease you have the option to buy the equipment at the end of the lease. This buyout sometimes is 10% or sometimes just $1.00 depending on how the lease is structured. A loan usually requires a larger down payment. |
|
|
Is my credit good enough to get my equipment financed? what are your rates? |
| Credit is a very important factor with all financing. We use your companies time in business to support your chances of a great approval even if you have less than perfect credit. If we cannot get you approved for equipment financing chances are we can get you approved for invoice factoring. Rate will be determined by credit and company strength. | |
|
What is the maximum age of equipment that you can finance? |
| The newer the equipment the better the rate. We do not like equipment over 10 years old. | |
|
What type of information will I need to provide for financing? |
| If you are an A rated company typically we just need our one-page financing application and a quote from the dealer on what you will be buying. Common other items we may ask for will bank statements and even financial statements for lower credits. | |
|
How long does it take to be approved? |
| We typically have an approval answer in 24-48 hours. Final funding for equipment financing averages about a week based on how fast you get signed documents back to us and if they are correct. | |
 |
 |
 |
Call Us Today: 888-581-5990 |
Convert Invoices Into Cash! |
Get A Factoring Quote Now! |
| Do you still have invoice factoring questions? Call us at 888-581-5990 or visit our contact us page.
Contact U.S. Financial Today! |
Convert your invoices into immediate cash. No loans involved and there are no restrictions on the funds. Our invoice factoring program is designed to help your company grow faster and have a stable cash flow. Call today. | Get an invoice factoring quote or get started. Here's what we need:
|
 |
 |
 |