Propel Your Business Forward Today
Connect with Success: Equipment Financing with Atlantic Funding Co.
At Atlantic Funding Co., we believe in powering your business with the right tools for success. We exist to connect businesses to the financing they need to remain cutting-edge, be it through acquiring new machinery or upgrading technology. Through our network of equipment financing providers, we navigate your business toward the ideal financial solution for growth.
Unraveling Equipment Financing
Equipment financing allows your business to acquire core operational tools, be it next-gen technology, construction machinery, or specialized manufacturing equipment. No more straining your cash flow for equipment procurement – with equipment financing, you’re always ready for your next big step.
Designed Just for You
The Power of Equipment Financing
Boosted Cash Flow: Put your working capital insights into operations while obtaining the essential equipment through financing.
Adaptability: Design loan terms to align with your business’s unique needs and payment capacity.
Opportunity for Expansion: Enable your business to grow and command your industry through updated equipment.
Catering to Businesses of All Sizes and Industries
Whether you’re a small business owner needing up to $500,000 or manage an established corporation requiring up to $100 million, we have you covered. Our network provides loans to all industries, with a minimum loan requirement of $1 million, except for small businesses. For small businesses, a minimum FICO score of 620, being in operation for at least a year, and a minimum of $100,000 in annual revenue can unlock equipment loans to boost your operations.
Why Connect with Atlantic Funding Co.?
Choosing Atlantic Funding Co. means gaining an ally in your business growth with:
Broad Spectrum of Lenders: Through our expansive network, we can access competitive rates and flexible terms for you.
Custom-fit Solutions: We work to find financing solutions tailored to your business’s unique financial position.
Fast and Efficient: Our efficient connection process gets you closer to your funds swiftly and trouble-free.
Equipment Financing Frequently Asked Questions
What is an equipment loan?
An equipment loan is a type of financing that helps you purchase equipment for your business operations. The equipment itself serves as collateral for the loan.
What can an equipment loan be used for?
Equipment loans can finance anything from heavy machinery and vehicles to computers and office furniture – essentially any tangible asset your business needs to operate.
How much can I borrow with an equipment loan?
The amount you can borrow typically depends on several factors, including the cost of the equipment, your credit history, and your business’s financial situation. Through Atlantic Funding Co., you can connect to financing for loans ranging from $100,000 up to $100 million.
Do I have to put down a deposit for an equipment loan?
The requirement for a down payment varies depending on the lender’s criteria and the borrower’s creditworthiness.
How long are the terms for equipment financing?
The length of loan terms can vary widely but typically aligns with the lifespan of the equipment being financed.
What are the interest rates for an equipment loan?
Interest rates can vary significantly and depend on many factors, such as the type of equipment, loan amount, term length, creditworthiness, and the current market situation.
What’s the difference between leasing and an equipment loan?
Leasing allows you to rent the equipment, often with the option to buy it at the end of the lease. However, equipment loans are used to purchase your business’s equipment outright.
Do I need to have a good credit score for an equipment loan application?
Credit score requirements can vary, but generally, a higher score helps you access better terms. For small businesses, a minimum FICO score of 620 is required.
What if the equipment becomes obsolete before the loan is paid off?
Certain types of rapidly evolving equipment and technology can pose this risk. Thoroughly research your chosen equipment and consider these risks before making a decision.
What happens if I default on an equipment loan?
Equipment serves as collateral in an equipment loan; defaulting on the loan allows the lender to seize the equipment.
Is there any penalty for prepaying the loan?
Early repayment policies vary from lender to lender. Some might charge a penalty, while some do not.
How quickly can I receive funding for my equipment loan?
As we work for fast and efficient connections, you can usually receive approval swiftly. The funding time, however, will depend on various factors, including the specific lender’s processes.
Ready? Connect Now
Start your journey towards business growth. Connect with equipment financing lenders now through Atlantic Funding Co. Focus on what matters the most—your business growth—while we handle the financial connections.
If you have inquiries or need application assistance, please don’t hesitate to contact us. Our dedicated team is here to make your connection process smoother.
Phone: 844-232-5363
Email: apply@atlanticfundingco.com