Most people know me for commercial real estate and SBA financing. What many do not know is that I also place equipment financing, and for the right borrower it is one of the fastest ways to get capital into your business without going through a full bank loan process.
Whether it is construction equipment, medical systems, manufacturing machinery, trucks, restaurant equipment, or technology, the equipment itself secures the deal. That shifts the entire conversation away from your tax returns and toward what your business actually needs to grow.
In many cases there are no tax returns required, no appraisal, no environmental reports, and no lengthy underwriting. Decisions can come back in 24 to 48 hours.
For loans at $100,000 and above, here is what lenders want to see:
Credit score of 680 or above is preferred and business credit score based on the paydex score of 70 or above. We start with a soft credit pull that does not affect your score or show up as a hard inquiry. Six months of business bank statements showing steady deposits. A signed equipment invoice or vendor quote. If your business has been operating less than two years, homeownership will be required. A personal guarantee is standard at this level.
Terms run from 24 to 72 months. Both new and used equipment qualify, and most programs can roll in delivery, installation, and sales tax as well.
One more thing worth knowing. Congress set the Section 179 deduction limit at $2.5 million for 2025, which means you may be able to deduct the full equipment purchase this tax year rather than depreciating it over time. Talk to your CPA before year-end because the savings can be significant.
I am currently seeing the fastest closings in construction, medical, manufacturing, and food service. If the bank said no, the process feels too document-heavy, or you simply need equipment faster than a conventional lender can move, let’s talk.
Give us a call today to discuss your commercial finance needs or get started by filling out this form!
Karen Schimpf
Commercial Capital, Ltd.
O: 512-358-1511
E: karen@ApplyCommercialLoans.com
w: www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/
website: http://applycommercialloans.com
P.S. We are lending on apartment and warehouse refinance deals using DSCR with no tax returns required. We can lend in tertiary markets and on properties that banks often hesitate on. If the asset and cash flow make sense, we want to look at it.
The keys for us are the asset, the DSCR, the story, and the exit strategy. If you have a refinance deal that needs a fast close or a property that’s just outside traditional bank guidelines, send it over and let’s see if we can help YOU get it done!
Call Me today to run your deal by me at 512-358-1511 or go here to get started https://applycommercialloans.com/apply-now/