An equipment loan is a type of business financing specifically designed to help companies purchase or lease essential equipment. This could include machinery, vehicles, computers, medical devices, or other tools necessary for operations.
Is a type of financing where a business secures a loan or line of credit using its assets as collateral. These assets can include accounts receivable, inventory, equipment, or real estate. The amount of funding provided is typically based on the value of the pledged assets.
These loans are designed to help small businesses secure funding with favorable terms that may not be available through traditional lenders. The SBA guarantees a portion of the loan, reducing the risk for lenders and making it easier for small businesses to access capital.
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The support I received from them was outstanding! They took the time to understand my needs and found the perfect financing solution for my investment property. I couldn't have done it without them!