Customized Funding Solutions for Your Business Equipment
Whether your business requires standard office machines, such as computers and printers, or heavy equipment, such as bulldozers and cranes, Blessing Capital can help you get the equipment financing you need to cover new purchases or leases. In many cases, you can expect an application approval within 24 hours for small loans or five days for large ticket items.
Loans up to $150,000 don’t require a financial statement, and we offer several payments structures depending on your unique financial situation. Established businesses may qualify for low interest rates and repayment terms up to 84 months with little or no down payment. Middle market financing and loans for large ticket items may be available up to $500,000 or more.
Start Your Business Right With Sale and Lease Back Programs
One of the most difficult parts of starting a business is qualifying for the financing you need to cover required equipment. If you have some equity in existing equipment, a sale and leaseback program may be right for you. We will purchase the equipment you need and lease it back to you. Once you’ve completed the term of the lease, you will own the equipment.
Consider Leasing Instead of Buying
We offer a wide variety of equipment leasing programs for all types of businesses. Government and municipal entities can qualify for guaranteed-approval programs, and there are several credit programs to help companies with damaged credit. Leasing also offers several benefits, including:
- Low monthly payments at fixed rates
- No need to spend a lump sum to purchase equipment
- No more equipment depreciation
- Tax and accounting advantages
Leasing allows your business to have the equipment it needs to operate without tying up your credit lines or requiring you to pay the full purchase price in cash. Blessing Capital has several equipment financing programs and our experts can help you figure out which one works best for your company. Give us a call today to get started.