Commercial Equipment Financing Rates

Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms.

Commercial equipment financing rates. Since the equipment is usually costly equipment financing allows small businesses to access higher amounts by using the equipment as collateral. Competitive fixed or floating interest rates. Depending on the arrangement you might be able to write off the entirety of the cost of the lease on your taxes and leases do not show up on your records the same way as loans. Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located.

Thus the borrowing amount is directly based on the equipment s price. Check out different financing options with the best terms interest rates. Up to 100 percent financing. Our products and services include.

We finance general purpose equipment such as packing machines and office equipment heavy industrial equipment such as manufacturing lines printing presses and stationary machinery construction equipment and commercial vehicles typically greater than 2 5 tons such as heavy trucks and trailers. Financing for excavators wheel loaders articulated dump trucks feller bunchers backhoes skidders compact construction equipment and more. Equipment financing is essentially a term business loan used to purchase equipment. Lock in a low lease payment with agdirect s special lease residuals.

A lease tends to be more expensive in practice though their usually fixed interest rates fall within a similar range to equipment loans. Whether you are financing a capital equipment purchase technology refresh program or an expansion initiative you need a lending resource that can provide you with the custom tailored solution you need. Custom tailored commercial financing solutions. Commercial construction equipment finance by hdfc bank offers 100 loan on our commercial equipment s.

Financing and refinancing for new and used vocational equipment. Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20. Our equipment financing specialists can offer a financing or leasing option that fits the nature of your work and business structure. Terms from 36 to 84 months.

Wells fargo offers comprehensive commercial financing services for your institutional government or business financing needs.