Use Equipment Financing to Improve Your Working Capital
If you have large or costly equipment that is essential for your industry, you understand the difficulty of affording these large upfront costs. At Hopp Commercial Funding, we have competitive equipment financing available for businesses to improve their working capital and keep up with other monthly expenses.
You’ll enjoy highly flexible and affordable rates for a variety of equipment leasing and financing packages. Most applicants have the following benefits:
- Approval within 24 hours or up to 5 days with large applications
- Variety of payment structures
- Little to no down payment
- No financial statement required for up to $150,000
- 84 month repayment schedules available
Determine whether a lease or financing is better for your current situation. Equipment financing allows you to pay towards a piece of machinery that you will own after the predetermined schedule. Leasing, on the other hand, is useful if you plan on upgrading to a new piece of equipment after the term ends.
Financing for Any Business
Our financing and leasing options are available for equipment in nearly any industry. Whether you’re saving for construction equipment, office technology or more specialized equipment, you’ll be able to free up some of your working capital with competitive rates and flexible payment plans.
If your business is a municipal or governmental entity, you can apply for lease financing that is guaranteed approved. Police departments, public schools, libraries and state agencies are just a few examples of entities that qualify.
You can also enjoy our program that allows you to purchase a piece of equipment at the end of your lease. This is a great option for businesses that are unsure whether they want to simply lease or wish to own the equipment.
Equipment financing is a great way to receive the machinery you need without putting your business in a financially unwise situation. Contact Hopp Commercial Funding today to get started with your lease or financing application.