Equipment financing for companies comes in all shapes and sizes. From Manufacturing Equipment, Rolling Stock, Machinery, or Construction Equipment, there are many types of lenders available.
Straight up refinance, Purchase Money Security Loans, Sale-Leasebacks, and Equity plays, we can find capital utilizing your equipment as collateral. Rates vary greatly depending on the type of equipment, business situations, and type of lending your interested in.
You’ll want to compare your options and find the most cost-effective way to finance that purchase. In most cases, your decision will depend on your business need, your budget, and the state of your personal and business finances. A loan that outlasts the equipment could slow your business growth. You should have a strategy for paying off the loan quickly, especially if you take out a short-term loan with a high annual percentage rate.
Ascend will work with you to put together the best borrowing strategy possible.
