Bad Credit Equipment Financing

 

Asset-Based Direct Lease Programs

Bad credit or no credit

This program is specifically tailored for credit challenged business owners. This would include recent bankruptcy, tax liens, judgements, collections, and even previous repossessions. Having bad credit or no credit is no longer an issue when it comes to this aggressive asset-based program.

Start-ups can get financing too

Most financing programs require a minimum of 2 to 3 years length of time in the business and same line of work. We offer financing to businesses that has just been in business for one day, there is no minimum time required for this program.

Proof of income requirements

It can’t be any simpler than this; no tax returns, no income statements, no balance sheets, no P&L statements, absolutely no mounds of paperwork. All that is required to get an approval is the last three months of business bank statements. If you would like additional working capital, just submit an additional 3 months bank statements and we can get your business the extra capital.

Why are you requirements so easy?

This is an asset-based program, which means one of two things; either there needs to be extra collateral that can be used to cross collateralize with the financing that is being offered; or there needs to be a substantial security deposit made. Both of these options will lower the chances of default by a credit risked client.

Eligible Equipment

  • New or Used
  • Commercial Trucks
  • Trailers
  • Heavy Equipment
  • Agriculture
  • Yellow Iron
  • Construction Equipment

Contact Us

To learn more about our financing programs, please call us at 888-565-6692

Bad Credit Equipment Financing