Equipment Financing

Can Equipment Financing Help Your Company Grow?

Growing your company successfully requires you to have access to equipment. Whether your business relies on computers, heavy machinery or diagnostic tools to operate efficiently, you may not be able to afford the upfront cost of equipment. Equipment financing is a wonderful investment for companies of all types and sizes because it allows them to purchase the machinery they need without tying up all of the money they have on hand. Summit Commercial Capital offers both equipment leasing and financing options to accommodate the individual needs of various companies.

What Are the Benefits of Leasing Equipment?

Leasing equipment allows you to use equipment without having the responsibility of maintaining and repairing it. You can also upgrade your machinery at any time as new modes become available, and you will preserve existing lines of credit, free up the cash you have on hand for other needs and earn significant tax advantages.

What Are the Advantages of Financing Equipment?

Summit Commercial Capital offers equipment loans of up to $500,000. You do not have to show a financial statement for applications under $150,000 and we offer various payment structures so you can choose the one that best suits your needs. All of our loans require little to no collateral.

Which Programs Do We Offer?

All companies have individual needs in terms of the equipment they need so Summit Commercial Capital offers four programs to benefit businesses in different categories. Choose from any of the following programs.

  • Government and municipal programs: Public entities are guaranteed approval for equipment loans.
  • Startup programs: New businesses qualify for equipment loans even if they have limited credit histories.
  • B, C and D programs: Companies with poor credit histories qualify for equipment financing.
  • Sale and lease-back programs: We allow you to lease the equipment you need until you can buy it.

Contact Us Today

Whether you are interested in financing or leasing equipment, Summit Commercial Capital can help you obtain the machinery you need. Contact us today to discuss your equipment leasing options.