Equipment Leasing & Financing

Equipment leasing is a type of financing in which you rent equipment rather than purchase it outright. You can lease expensive equipment for your business, such as machinery, vehicles or computers. The equipment is leased for a specific period; once the contract is up, you may return the equipment, renew the lease or buy it.

In short, equipment leasing works by allowing a party to pay a rental fee each month, quarter or year, in exchange for sole use of an asset. 

Qualifying criteria for Equipment Leasing  & Financing

To qualify for equipment financing from a bank, you’ll typically need strong personal credit (a FICO score of 700 or higher), several years in business and excellent financials. If you can meet these requirements, however, getting an equipment loan from a bank or credit union will likely be your most affordable option.

3 reasons to choose Experts over any other lender

Satisfaction Guarantee

Multiple loan types, amounts, and repayment terms, so you can get exactly what you need.

Simple Process

Apply in as little as 10 minutes, with a decision as soon as the same day—all to save you time.

Real People

A large team of US-based loan advisors to help you find the right solution. And one dedicated to you.

Frequently Asked Questions

How long does the application process take?

Generally, to apply for any one of our products takes less than 5 minutes. The application consists of a one page Docusign which you can fill out electronically.

Does credit have an impact?

Credit will weigh far lighter than bank financing with Experts Funding Group. EFG works with 75 different banks, ensuring there is a product to fit any credit score.

What are the minimum qualifications?

Since there is no minimum credit score required, all that we ask is the business generates 150,000 a year in annual income at minimal. Everything else would generally be acceptable.

How long does it take to receive funds? How long does it take to receive funds??

We have had clients get approved and funded in less than 2 hours. The average rule of thumb is 24 hours. However, some till take a little less or more given the scenario.

Can you have more than one financing product?

Absolutely. Experts Fundiing Group will blend several different financial instruments together to solve the problem that your business has. If you have any questions, please feel free to reach out.

Have a different question?

We would be glad to assist you!

Complete simple loan application form in just 2 minutes to receive personalized offers for your business.

Call us anytime: +1 (315) 215 1664