Equipment Financing

Equipment financing involves borrowing money or leasing equipment with the option to own it at the end of the lease period. This arrangement allows businesses or individuals to acquire necessary equipment without a large upfront payment. They repay the loan or lease payments over time until ownership is transferred. The equipment itself usually serves as collateral for the loan or lease, reducing the lender’s risk.

Equipment Refinancing

Equipment refinancing involves securing a new loan or lease against equipment that is lien free. This enables businesses to improve their financial situation by potentially reducing monthly payments or accessing additional capital while retaining ownership of the equipment.

Working Capital Loans

Capital loans are funds provided by lenders to support business expansion or investment needs. They’re repaid over time, often with fixed monthly payments, and can be secured or unsecured. They help businesses grow and manage finances effectively.

Factoring

Factoring is when a business sells its invoices to a third-party (a factor) at a discount for immediate cash. The factor collects payments from customers, providing the business with instant cash flow. It helps businesses manage cash flow and avoid credit risks associated with unpaid invoices.