Call Us & Get Prequalified For Your Loan
Call Us & Get Prequalified For Your Loan
First Capital Business Finance
If you’re in the need of forklift financing, whether your purchase is a mast forklift, telehandler / telescopic forklift, we offer a variety of financing and leasing programs for both new and used forklifts. We have both traditional and non-traditional forklift financing programs for those who have good and bad credit. Our financing programs will work with new or used forklifts, with the minimum purchase price starting at $5,000 and the maximum going to $250,000. Depending on what type of forklift you’re in the market for, it’s a good idea to contact us first and get pre-approved prior to signing any agreements or putting any type of deposit down.
At First Capital we help businesses like yours secure the Forklift Financing you need. Our simple application process is painless and often results in a same day approval notice!
You probably already know you need to have pretty near perfect personal credit along with a good Dun & Bradstreet score for your company if you want to get some equipment financed from your bank or credit union. Banks and credit unions are not your only options. Where there is a need for alternative financing, you will always find other lenders who will specialize in filling in that gap. First Capital Business Finance offers financing for both equipment financing and equipment leasing to those business owners who can’t get financing from their banks. Even if your credit is poor and your business has only been around for 1 year, we still have the ability to finance your business.
What makes our company unique compared to the other lending companies out there is our wide variety of business financing products. Most equipment leasing companies only offer equipment leasing, and they don’t offer business loans or working capital loans. Our company has systems in place to make sure our customers are placed with the best options first and if for some reason our clients can’t qualify with our equipment leasing programs, we then will use our working capital loan programs as an alternative.
The easiest and fastest way to find out is by speaking with one of our specialists. Anyone from our team can prequalify you for any of our financial programs after going over a few questions about your business.
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).
Depending on your scenario, you will see that there are programs that will require anywhere from a zero down payment to some that may require as high as a 50% down payment. So we’ll list a few examples to give you an idea of what you can expect. If you’re not sure about what you qualify for, give us a call at 888-565-6692, and one of our advisors will help find the right program for you. As you might already know, there’s a lot that goes into pricing and qualifying a transaction:
Example A: Used Mast Forklift $10,000
Example C: Used Mast Forklift $10,000
Example E: Used Mast Forklift $20,000
Example B: Used Mast Forklift $10,000
Example D: Used Mast Forklift $10,000
Example F: Used Mast Forklift $20,000
Applying for backhoe loans under $250k is hassle-free with our easy online form. Say goodbye to paperwork and the need for extensive financial statements. It's straightforward and convenient.
Enjoy the advantage of fixed rates with our financing options, ensuring that your monthly payments remain low and predictable throughout the term.
When you need your equipment quickly, First Capital has you covered. Our Quick Turnaround approval process means most lease or loan deals can be approved within a few hours sometimes, with rare instances taking longer than a business day. We pride ourselves on being the fastest in the industry!
Our team of financing experts is dedicated to providing top-notch customer service. We're here to answer your questions, address your concerns, and guide you through every step of the financing process.
With years of experience in the industry, we have the knowledge and expertise to understand your business needs and deliver the right financing solution for you
We understand that every business is unique. That's why we offer personalized financing solutions that fit your specific needs and budget.
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Now that you have an idea of where your down and monthly payments might fall, which forklift financing example do you fall in?
Please keep in mind, these payments and terms are not set in stone. There are so many variables that can improve your pricing, but this will give you a basic idea of where you might be. There are more details that go into qualifying, so it’s always best to either call our office and speak to one of our advisors, or you can use our chat help desk. If you look at the lower right of your computer screen, you’ll see a purple box that will allow you to chat with one of our professionals.
Making a decision if paying cash or financing a forklift will be just as important as finding the right piece of equipment. Whether it’s a new or used forklift, this type of equipment is indispensable in a lot of industries like warehousing, logistics, construction, and manufacturing. Purchasing one outright can be costly, and depending if you are buying a new or used one, these can range anywhere from a few thousand dollars for a used electric forklift, to $150,000 for a new heavy-duty forklift. But keep in mind, laying out that type of capital investment might not be the best use of your cash, especially if you have the option to finance one.
We offer a wide variety of financing options for forklifts; this will help companies acquire the essential equipment without compromising their cash flow. This is especially important if you are a startup company or a company that is in the middle of expanding. Keeping reserves on the sidelines is ideal for unexpected occurrences that may arise. If you find yourself needing additional working capital, we also have programs that can help you.
There are multiple financing options for forklifts, helping companies acquire essential equipment without compromising cash flow. When it comes to equipment financing, there are nuances when compared to other types of financing industries. This guide will touch on the best construction financing solutions, providing you with the knowledge to make an informed decision. We always encourage clients to call our office and speak with one of our advisors. There are so many variables that make it difficult to list all our programs in this article. When it comes to equipment financing, every little detail can change the outcome of programs one might qualify for. If you want to speed up the process, call 888-565-6692 or if you prefer to use our chat app with a live person, our help desk can chat with you as well.
Forklift financing provides the buyer with a structured way to obtain the equipment without paying the full price upfront. Businesses can spread payments over time, making it easier to manage financial resources. Depending on what the applicant qualifies for, the repayment terms can range from 24 to 60 months.
Financing requirements for equipment can be a little daunting at first, but hopefully this will give you a great idea on some of our programs and the qualification requirements for financing a forklift. We have a wide variety of programs for all credit profiles, this includes business owners who might have a bad credit history. Please don’t forget, these are not ALL of the programs we offer. If you don’t see something you qualify for, always give us a call and speak to one of our advisors. If you don’t feel like talking on the phone, our Chat Help Desk in the lower right corner of your screen can also help you.
Equipment leasing is ideal for businesses that need forklifts for a specified period without ownership obligations. The terms for equipment leasing can range from 24 to 60 months and depending on the type of lease. If you decide you want to keep the equipment at the end of the lease, there might be an option to buy out the lease.
Pros:
Cons:
Equipment loans allow businesses to purchase forklifts while paying in installments, with the forklift itself serving as collateral.
A hybrid financing solution that lets businesses rent a forklift while accumulating payments toward ownership. Some lease programs are similar to rent-to-own.
Pros:
Cons:
Government-backed Small Business Administration (SBA) loans or traditional bank loans provide lower interest rates and longer repayment terms.
Financing a forklift is a strategic move for businesses aiming to enhance productivity and competitiveness without exhausting all your business capital. With numerous options available, companies can find tailored solutions that align with their goals and financial situation. By carefully evaluating each option, businesses can acquire the equipment needed to thrive and grow without compromising financial stability. To get prequalified with one of our advisors, you can call us at 888-565-6692. If you are not in the position to make a phone call, you can use our help desk chat feature located in the lower right corner of our website.
Financial Disclaimer
The information provided is for educational and informational purposes only. The content on this website is not intended to be a substitute for personalized financial advice. Please consult a certified financial professional before making any investment decisions or financial plans. Any financial information presented is for general informational purposes and does not constitute financial or investment advice.
Forklift Financing Options: Your Simple Guide for Equipment Financing | First Capital Business Finance
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