Equipment Loans
We make loans on the equipment businesses need to keep rolling.
From freezers to forklifts or copiers to company cars, businesses need the right equipment to keep operations humming smoothly.
HOPE is ready to help your company get the gear it needs to be successful and to grow with affordable, flexible lending solutions.
We offer up to 100% financing on new equipment (up to two years old) to get companies outfitted with the critical tools they need for day-to-day operations. If you are looking for the right partner to finance a purchase, from general-purpose machines to specialized heavy-duty equipment, talk to HOPE and discover your best borrowing options.
Equipment Financing Terms and Conditions
- 100% equipment financing on loans up to $500,00001
- Terms up to 5 years for smaller equipment and up to 7 years for heavy equipment
- All loans are subject to underwriting
Our simplified underwriting process means reduced documentation requirements to get you financed faster.2 All you need to get started includes:
- Signed Application
- Signed Personal Financial Statement
- Prior 2 years Business and/or Personal Tax Returns
- Business Plan with Projections for Businesses with Less than 2 Years Financial Statements
- Schedule of Liabilities
- Prior Month Bank Statements
To learn more or for assistance, connect with a member of our lending team. You can also call us at 1-866-321-HOPE (4673) or use the contact form on this page.
If you are are ready to get started, apply online now.
1Loans subject to credit approval. Financing available on new equipment (up to two years old), such as packing machines and office equipment, heavy industrial equipment such as manufacturing lines, printing presses and stationary machinery, construction equipment, and commercial vehicles (typically greater than 2.5 tons) such as heavy trucks and trailers.
2Additional documents as needed may be required during underwriting.
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