Get Equipment Financing with the Flexibility You Need
When you need to invest in equipment and tools that will support your small business’s operations and growth, equipment financing can mean access to the best of both worlds: You’re empowered to retain the working capital you need for optimal financial stability, but gain access to the funds necessary to purchase the equipment your business needs to reach its full potential.
Unfortunately, many traditional lenders don’t offer small business equipment financing to startups that lack several years of operating history; small businesses without a high credit score; or startups that may not want or need to access a significant amount of business equipment financing.Apply Now
Lendr equipment financing can be used to support a number of business capital needs, including:
- Commercial-grade equipment you need to produce the best possible product
- Investments in upgraded tools or existing equipment
- Advanced technology your business needs to provide optimal customer service
Approval Criteria Designed for Small Businesses
At Lendr, we know your business’s past, present and future potential extends well beyond your credit score. That’s why our funding decisions consider a variety of factors, including your sales history and projected revenue.
We welcome applications from clients that:
- Own businesses that have been in operation for at least 12 months
- Have a history of monthly revenue of $10,000 or more
- Have a credit score of at least 520
Repayment Plans That Work for Your Business
Our equipment financing isn’t structured like a traditional loan, and doesn’t involve a fixed monthly payment plan. Instead, Lendr equipment financing is a merchant cash advance, based on your business’s credit/debit card sales transactions. Most of our clients repay equipment financing in small percentages based on their daily settled credit and debit sales transactions; some repay with an automatic weekly ACH transfer. Lendr will work with you to find the right repayment solution for your business.
Ready to explore how Lendr can meet your business equipment financing needs? So are we. Let’s get started.Get Started
Equipment Financing Designed for You
Lendr is committed to transparent business equipment financing solutions that include competitive interest rates and terms. When you use Lendr’s small business equipment financing solutions, you work with a team of industry professionals motivated to helping your business thrive. Our executive team has more than 75 years of collective experience in financial services.Get Started
Partnering With Clients for the Long Term
At Lendr, we believe people matter most. We believe in your farm business’s potential, and want to be a partner you can rely on for its continued success.
- Our customer service team can be reached five days a week during standard business hours for personal assistance if you need it.
- We offer our clients the option for one-on-one consultation, so you’ll always feel confident that you’re choosing the right financial solution for your goals
Ready to learn more about how Lendr’s farm equipment financing options might be the perfect fit for your farm business? Contact us today.