Getting Started With Equipment Leasing and Financing
It takes a lot of equipment to run a business and purchasing costs can quickly add up. Fortunately, you have leasing and financing options to help you get everything you need.
Pendleton Financing offers leasing and financing products that can help you acquire anything from heavy machinery to computer equipment.
Leasing equipment is a good option if you only need a tool for a short time or if you know the piece will become obsolete in a few years. You benefit from low, fixed monthly payments and significant tax advantages. We have leasing programs to assist several business types and programs, including municipal and government agencies.
We also offer a Sale and Lease Back program that provides unique benefits to your business. We purchase the equipment you need and lease it back to you. You make reasonable monthly payments and then take ownership of the equipment once payments are complete. This option allows you to keep some working capital while still accessing the tools and equipment you need to run your business.
There may be times when you need or prefer to purchase your equipment outright. Pendleton Financing offers competitive equipment financing packages that permit you to buy almost anything you could need. If your company has been in business for at least two years, you can take up to 84 months for repayment and enjoy the following benefits:
- Approval within 24 hours for smaller financing
- Approval within 3-5 days for middle market and large financing
- Little or no down payment
- No financial statements required for loans up to $150,000
- Financing up to $500,000 or more
- Excellent interest rates
We also have financing programs for startup companies and businesses that have been operating for less than two years, and for companies that have struggled with credit in the past.
Call Us Today
Reach out to Pendleton Financing and learn more about our equipment leasing and financing programs. Our professional staff can help you find the right program to fit your needs.