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EQUIPMENT FINANCING - BUSINESS LOANS - USA:

10 Reasons Why LoanGIANT Business Funding Offers the Best Small Business Financing:

 

 

 

 

 

 

 

Get The Best Equipment Financing Rates, Terms & Amounts with LoanGIANT!

Equipment Financing Benefits:

The benefits of business equipment financing involve being able to quickly acquire equipment with minimal upfront fees and manageable payments. This can improve your cash flow, balance sheets, and even features certain tax advantages. Business equipment financing is a strategic way to boost your productivity without an enormous upfront investment.

 

1. Improved cash flow

Business equipment financing allows you to acquire the equipment you need now - and manage the costs later on. There’s no need to make a large, lump-sum payment to cover the entire price upfront. Instead, the cost of the equipment will be broken down into more manageable payments - which will be easier on your cash flow. 

 

2. Greater productivity:

Business equipment financing gives you a head start on boosting your productivity. You’ll be able to put your plans to action now and make payments as your business grows.

 

3. Enhanced Forcasting

There are no surprises when it comes to business equipment financing. Your payments will stay steady over time and you’ll know exactly how much you’ll be paying for how long. The interest rate you’ll receive will also be locked in for the duration of your loan. With exact figures in mind, you’ll be able to effectively forecast your business’s cash flow.

 

4. Potential tax advantages

Business equipment financing may allow you to claim additional deductions on your annual tax return. Make sure to contact your tax advisor to learn about the specifics, including how much you could possibly save.

 

5. Flexibility

You have complete freedom to choose your vendor and the type of equipment you’d like to purchase. Unlike some banks, National doesn’t impose restrictions on the type of equipment you can finance - as long as it makes sense for your business it’s a good fit!

Start growing your business right away. Learn how you can skip the standard 2 week waiting period and get new or used equipment financing in less than 24 hours.

How to Apply for Equipment Financing With LoanGIANT:

Start growing your business right away. Learn how you can skip the standard 2 week waiting period and get your new or
used equipment financing in under 24 hours!

 

What is Equipment Financing?

 

Regardless of your industry, we can help you obtain the best deal on business equipment financing for virtually every type of equipment. We work with a wide range of business types, including medical, software, manufacturing, commerce, food services, automotive, and much more.

If you're looking for equipment financing to grow your business, offer new products or services, or simply get a competitive edge, we can help! Our streamlined equipment financing process will help you secure the capital you need in as little as 24 hours. Our Business Financing Advisors will tell you everything you need to know, and give you the opportunity to ask any questions.

All of our business equipment financing options are fully customizable to fit you and your business needs.

Why LoanGIANT Business Funding?

  • 90% Approval Rate

  • No Collateral Needed

  • Flexible Terms

  • Flexible Payments

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TASK COMPARISON:

PAPERWORK >

 

APPLICATION >

SERVICE LEVEL >

APPROVAL PROCESS >

SPEED TO FUNDING >

COLLATERAL REQUIREMENTS >

BUSINESS PROFITABILITY >

 

CREDIT SCORE >

CREDIT CHECK >

LOANGIANT:

LoanGIANT Process & Timelines:​

-3 Months Bank Statements

-No Tax Returns Required

 

-One page - One Minute

DocuSign®

 

Consultant & Processing Team

Hours/Days

Hours/Days

Not Necessary

Not Necessary

 

No Minimum FICO

Soft Pull / No Credit Inquiry

DIRECT LENDERS:

Typical Process & Timelines:​

- 3-6 Months Bank Statements

- 1 Year Tax Return / Financials

 

Multi-page / Micro Extensive

Paper Application

Programmatic

Days/Weeks

Days/Weeks

Sometime Required

 

Sometime Required

680+ FICO

Hard Pull / 2-year Credit Inquiry

FDIC BANKS / CU:

Typical Process & Timelines:​

- 12 Years Bank Statements

- 2-3 Years Tax Return / Financials

 

Multi-page / Extensive

Paper Application

Processor By Email / Voicemail

Weeks/Months

Months

Always

 

Last 2 Years

720+ FICO

Hard Pull / 2-year Credit Inquiry

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