The affordable way to get the new equipment you need
Often the key to growing a small business is adding new equipment to increase productivity, expand product or service lines, or staff up. But too often small businesses seeking bank loans for expensive equipment face qualification challenges, high rates and unmanageable payments. Fortunately, there's a simpler, more affordable solution: Equipment Financing from King Capital.
King Capital Equipment Financing
Fast approvalsIn as little as 2 hours!
Easy to qualify forOnly a 600+ minimum credit score required
Less out of pocketBorrow with a low or even NO down payment
Big savingsOur competitive low rates can save you thousands over the life of the loan!
Low monthly paymentsSimilar to what you'd pay to lease equipment
No personal guarantee requiredFunding amounts up to $5 million per piece of equipment
How it worksIn most respects, King Capital Equipment Financing is very similar to a typical small business term loan. You can borrow up to 100% of the amount you need to buy the targeted equipment. Your low monthly fixed payment includes the loan principal and interest (which can be as low as 5%). When you pay off the loan principal, you own the equipment.
Another great benefit is that the lenders King Capital works with allow you to use your new equipment assets as collateral. This means you can access a higher loan amount, lower interest rate, and longer term for the loan. And, because the lender isn't at risk in case of default, you don't need a top-notch credit rating, super-strong cash flow, or many years in business to get approved.
Use for whatever you needKing Capital Equipment Financing is available for virtually any new assets you need to grow your business. You can outfit a new sales department with office furniture, computers and printers. Expand your vehicle fleet to reach customers faster. Or add any type of specialized equipment, such as a new oven for your bake shop, high-speed mowers for your landscaping business, or a new operatory chair for your dental practice.
With loan amounts available up to $5 million per piece, even heavy equipment such as used in construction is within your reach. In many cases, the lender will ask for information about what you're buying (the manufacturer, age of equipment, purchase price) and who's selling it to you as part of their due diligence.