Finding the Right Equipment Financing Package
If you are looking to keep your company working as much as possible, you need to have the right machines for each job, and you need to have enough machines to make everything on time for your customers. That’s why equipment financing and leasing needs to be among your first priorities whenever you are making a long-term plan for your company’s future, whether it is growth or your initial startup strategy.
Often, companies that have been operating for two years or less have trouble finding a financing partner because of the expectations around your available business history. That’s why Speritas Capital has put together a dedicated startup program.
Our financing is generally available in three tiers:
- Up to $150,000 based solely on an approved application
- $150,000 to $500,000 with full financial disclosures
- Over $500,000 for companies providing disclosures that substantiate qualifying earnings
All of our finance packages come with numerous repayment structures and terms up to 84 months. When purchasing is not an option, you can also ask an associate about our equipment leasing program.
When you need to free up equity so you have working capital, selling your old equipment and leasing it back for use for a time is a great way to do that. It can give you the opportunity to invest in upgrades or if you are planning on expanding.
B, C, and D Credits
Our credits program is designed to help you make the right choices when the time comes to restructure your company and reposition it in the marketplace. Let our associates help guide the process, and we will help you create a leaner, more prioritized operation.
Contact a Speritas Capital Partners associate today if you have any questions. They are also prepared to help you start an application for any of our equipment leasing and financing progrms.