First Capital Business Finance
Heavy Equipment Financing
Commercial Heavy Equipment Financing Options for Your Business
Looking for flexible equipment financing solutions to grow your business? At First Capital Business Finance, we specialize in fast, affordable heavy equipment financing for construction, manufacturing, transportation, and more. Whether you need new or used machinery, our tailored financing options help you get the equipment you need, without draining your cash flow.
Our Financing Experts Can Match You With the Right Program. It only takes a few minutes.
What is Equipment Financing?
Equipment financing is a strategic financial solution that allows businesses to acquire essential tools and machinery without the burden of a significant upfront cost. It’s a game-changer, preserving your cash flow, enhancing operational efficiency, and empowering your business to stay competitive in today’s dynamic market.
Your business’s financial growth takes center stage. We specialize in providing a diverse range of tailored commercial financing solutions that empower your enterprise to thrive. Our dedicated team understands the intricate landscape of business finance and is committed to assisting you in securing the optimal funding options. Whether you’re a start-up seeking initial capital or an established corporation pursuing expansion, we are here to guide you towards the perfect financing strategy that aligns with your unique objectives. Join us on a journey towards financial success and unlock the doors to unparalleled opportunities for your business.
save thousands of dollars each year through borrowing
Acquire the necessary equipment without upfront expenses. Borrowing capital helps prevent cash-flow disruptions associated with using working capital. Instead of upfront payments, business owners can pay off their equipment gradually over time.
no collateral to be leveraged on behalf of the business owner.
The equipment itself can serve as collateral
Ready to take the next step in securing equipment financing?
At First Capital we help businesses like yours secure the Equipment Financing you need. Our simple application process is painless and often results in a same day approval notice!
Eligibility Criteria:
Empower your business with clear insights into the eligibility criteria for Equipment Financing. Qualifying is straightforward, and our transparent approach ensures you have all the information you need. Factors such as credit scores, business financials, and industry experience play a role, but our team is dedicated to finding solutions that work for you. Discover how accessible equipment financing can be and take the first step towards securing the tools your business needs.
At First Capital Business Finance, we offer financing programs for both startup and established businesses, including options for good credit, bad credit, and everything in between. Our goal is to find the right solution for your unique situation. Whether you need equipment financing, working capital, or a collateral loan using your equipment, we will find the perfect program suited for you.
Because every business is different, not all of our financing programs are listed online. The right program depends on several factors such as your industry, type of equipment, funding amount, and the credit strength of both the business and the owner. Once we understand your goals and qualifications, we’ll match you with the most competitive financing options available.
Common Financing Options
Here are some of the most popular financing programs we offer. If your equipment isn’t listed, there’s a good chance we can still finance it. Contact us and we’ll confirm your options
Benefits of Equipment Financing
At First Capital Business Finance, we’re here to help you navigate these advantages and tailor a financing plan that perfectly suits your business’s needs and growth aspirations.
Preserve Cash Flow
Keep working capital available for payroll, marketing, or daily operations instead of tying it up in equipment purchases
Flexible Payment Structures
Align payments with your cash flow for easier budgeting and financial planning.
Tax Advantages
Potential deductions under Section 179 can reduce your overall tax liability.
Access to Modern Equipment
Upgrade to the latest tools without large upfront costs, helping you stay competitive as technology evolves.
Client Testimonials
Bad Credit Solutions For Equipment Financing
At First Capital Business Finance, we understand that financial setbacks can impact credit scores. That’s why we’ve developed a specialized approach to assist clients with credit challenges in securing the equipment financing they need. Our experienced team recognizes the potential in every business, regardless of credit history, and we’re committed to finding viable solutions. When you choose our bad credit financing option, we consider various factors beyond credit scores, such as the value of the equipment and your business plan’s strength. Our streamlined process ensures a quick evaluation and tailored solutions that empower your business to grow and thrive. We believe in second chances and are dedicated to helping you access the equipment essential for your success, even in the face of credit hurdles.
Bad Credit Equipment Financing & Leasing vs. Other Payment Options
Financing or leasing your equipment purchase with First Capital Business Finance is a strategic decision for businesses on any budget. Acquire the necessary equipment for your company and manage payments conveniently through monthly or quarterly installments over time.
Equipment Financing/Leasing vs. Credit Cards
Many small businesses and startups often have limited lines of credit. Opting for equipment financing through First Capital Business Finance, instead of using a credit card, ensures that valuable lines of credit remain available for other essential expenses. This choice provides your business with more flexibility for future needs.
Equipment Financing/Leasing vs. Small Business Loans
Consider equipment financing as a cost-effective alternative to a traditional loan. Typically, the rates and terms in an equipment financing/leasing approval from First Capital Business Finance are more favorable than those of a small business loan, thanks to the equipment acting as collateral.
Equipment Financing/Leasing vs. Paying Cash
Few companies have the working capital to make an upfront purchase of all required equipment. By choosing to finance your equipment purchase with First Capital Business Finance, your company retains more available capital for future business opportunities.
4 Benefits of Securing Bad Credit Equipment Financing With First Capital Business Finance
At First Capital Business Finance, we’re here to help you navigate these advantages and tailor a financing plan that perfectly suits your business’s needs and growth aspirations.
We work with a wide range of businesses
First Capital Business Finance has experience with businesses in almost every industry, including medical, software, manufacturing, commerce, food services, automotive, and more. With over one-third of Americans having bad credit, we've successfully funded business owners with bad credit in each of these industries.
Purchase from the vendor of your choice.
Unlike lenders who often partner with specific equipment manufacturers, First Capital Business Finance allows you to purchase equipment from the vendor of your choice. We believe that you, with your experience, know what's best for your business, and you should decide which brands of equipment will help you achieve success.
There are no upfront fees & no collateral necessary.
Unlike many lenders, First Capital Business Finance doesn't charge upfront fees and offers both secured and unsecured equipment financing for business owners with bad credit. This means you can use your equipment or other assets to secure your loan or opt for a loan without using personal or business collateral.
flexible terms & various repayment options
We understand that lending isn't a one-size-fits-all service. Our terms and repayment options vary for each loan we provide. Whether your business primarily accepts payments through credit cards or has other preferences, we customize your loan to ensure the best terms and easiest payment method that fits your business.
Application Process:
Securing equipment financing with our user-friendly application process. Our step-by-step guide simplifies the entire application, ensuring a smooth and efficient experience. From gathering the necessary documentation to submitting your application, our team is here to assist you at every stage. Take control of your business’s future by following our straightforward application process, it’s time to turn your equipment financing aspirations into reality.
Accepted Asset Categories for Bad Credit Equipment Financing
Our bad credit equipment financing and leasing program cover a diverse range of asset categories, each tailored to meet specific business needs. It’s important to note that this program is asset-specific, leading to certain age and mileage restrictions on the equipment. For updated requirements, refer to our FAQs. Please be aware that our A & B Credit programs do not impose age and mileage restrictions.
Transportation Equipment Financing for Bad Credit: Explore financing options for over-the-road heavy-duty trucks, including sleepers and day cabs, vocational vehicles such as tow trucks and dump trucks, as well as trailers like dry vans and refrigerated units.
Construction Equipment Financing for Bad Credit: Benefit from financing opportunities for construction equipment, covering bulldozers, excavators, cranes, skid loaders, trenchers, and asphalt paving equipment.
Manufacturing Equipment Financing for Bad Credit: Secure financing for manufacturing equipment, including food processing machinery, slicers, and labelers.
Materials Handling Equipment Financing for Bad Credit: Discover options for material handling equipment, such as conveyors, forklifts, and telehandlers.
Recycling Equipment Financing for Bad Credit: Obtain financing for recycling equipment, including compactors and crushers.
Printing Equipment Financing for Bad Credit: Explore financing solutions for printing equipment, encompassing commercial printers, 3-D printers, digital printing presses, bindery equipment, and sheetfed presses.
Medical Equipment Financing for Bad Credit: Access financing for medical equipment, covering ultrasound machines, X-rays, and MRI machines.
Agricultural Equipment Financing for Bad Credit: Secure financing for agricultural equipment, including tractors and balers.
Logging Equipment Financing for Bad Credit: Explore financing options for logging equipment, such as feller bunchers, log loaders, and log trailers.
Machine Tool Financing for Bad Credit: Obtain financing for machine tools, including lathes, vertical machining centers, and horizontal machining centers.
and More!
Discover the possibilities of bad credit equipment financing across diverse industries. Contact us to explore the right financing options for your specific needs.
Additional Types of Bad Credit Business Loans
No matter the type of loan you’re seeking, whether it be small business term loans, revolving business lines of credit, or expedited SBA loans, First Capital Business Finance has the perfect financing option for you, regardless of your credit.
Get Solutions Today
Ready to unlock the potential of your business with tailored equipment financing solutions? Don’t let bad credit or budget constraints hold you back. Contact us today at 1-888-565-6692 to discuss how we can help you secure the equipment you need while preserving your cash flow and enjoying the benefits of flexible financing. Our expert team is here to guide you through the process and pave the way for your business’s success. Call us now and take the first step toward a brighter future.
Same Day Loan Approval
Getting the loan you need is simple. Contact us & you can get prequalified for your loan on the same day!
Step 1
Reach out to us via phone or the contact form on this website.
Step 2
We'll contact you to get the information we need to process your loan.
Step 3
You'll receive a decision on your loan shortly (typically the same day).
Testimonials
What Our Customers Say
FAQs
Read below to see the answers to our most frequently asked questions!
There are several ways you can apply:
- You can do your application over the phone with one of our advisors. Just call 888-565-6692.
- You can download our credit applications HERE.
- You can submit your contact information online using our form. Then the next available advisor will reach out to you.
Yes! We have a wide variety of programs that are specifically for startups!
Depending on the type of equipment, and dollar amount, transactions can fund in as little as 24 hours. Again, this will depend if you and the equipment qualifies.
Yes, we do offer financing for used equipment. Keep in mind there are different guidelines for all programs and it’ll also depend on if the seller of the equipment is a dealer or private party.
Typical turn-around times are 24 hours, or sometimes even quicker than that!
In very rare cases, it may take longer due to the time of the year and volume of applications we are working on.
We offer a wide variety of financing programs for business owners.
The most popular is our equipment financing programs: Equipment Leasing & Equipment Finance Agreements.
We also offer Factoring (also known as “accounts receivable financing”) and working capital loans.
The majority of our programs are called “Application Only”, and that means no proof of income is necessary. Depending on the credit, time in business, type of equipment, industry, and the amount you’re seeking to finance we may need to see income. Proof of income can be as simple as your last three months’ bank statements.
One of the greatest advantages with leasing equipment, is the ability to obtain the necessary equipment with little to no money down.
It allows the business owner to preserve their cash, and to obtain new or used equipment by making monthly payments anywhere from 12 to 72 months.
Yes!
We have a wide variety of programs that is suited for business owners who have challenging credit. Like any other program, there are guidelines and there are too many variables to go into it here. The best is to have a conversation with one of our advisors to see what you may qualify for.
Our finance rates are very competitive within our industry, and we’ll always strive to find the best suited program with the best terms.
The following are the type of leases First Capital Business Finance offers:
- Equipment Finance Agreement (EFA)
- Fair Market Value (FMV)
- 10-20% Purchase Option
- Dollar buyout ($1 out)
- Term Residual (TR)
- Sale-Leaseback (SLB)
Learn more by calling us at 888-565-6692!
A lease is a contractual arrangement where one person/business (lessee), the lender/owner(lessor), owns an asset and provides possession and use of the asset to another person, the lessee, for a fixed term.
The lessor is the legal owner of the asset/equipment and the lessee has the legal right to use the asset/equipment in exchange for rental payments.
An equipment finance agreement is an alternative to the traditional lease, and it is very similar to a loan.
- Fixed monthly payments
- Terms ranging from 12 to 72 months
The EFA terms and conditions is similar to a lease, but it is not a lease.
At the conclusion of the equipment finance agreement, you have no future financial obligations to the lender.
Unlike a lease, an EFA will not have a buyout at the end of the term; whereas, with a lease, there will usually be a buyout to own the equipment.