Commercial Equipment Leasing

Acquiring the utilization of machinery or equipment through a rental arrangement eliminates the necessity of capital investment in such assets. Ownership remains with the financial institution or leasing company, while the business gains practical access and usage.

Incorporated businesses (Newly formed or established)
Proprietorship
Partnerships
Professionals (eg. sales people who are required to purchase their own business assets, individuals who operate a business under their personal name)
Government entities
Non-Profit Societies

What is eligible?

Any asset (new or used) that is used for business purposes (the list below is only an example, a business can lease practically any business asset depending on their credit).
Agriculture Equipment
Point of Sale Systems
Telephone Systems
Medical and Dental equipment
Janitorial — burnishers, duct cleaning equipment, ride on sweepers
Pressure Washing equipment
Industrial sewing machines
Security Systems
Landscape equipment
Shelving and racking
Embalming and cremation equipment
Automotive Repair Equipment (hand tools are considered on an exception)
Computer Hardware and Software
Forklifts / Compressors / backhoes etc.
Sound and Lighting
Office furniture and photocopiers
Golf Carts — for golf courses or retirement homes
Restaurant equipment
Survey Equipment
Artwork
Portable shelters and modular office trailers
Highway trucks and trailers

Merchant Cash Advance

A Merchant Cash Advance represents a one-time payment made to a business, and in return, the business agrees to share a certain percentage of its future credit card and/or debit card sales.

This funding option is available to any business that accepts credit card and/or debit card transactions and meets the following criteria:

A minimum of $5,000 in credit/debit card sales per month.
At least one year of operational history.

Business Factoring

Factoring is a financing technique wherein a business owner sells its accounts receivable at a reduced value to a third-party funding source to access immediate capital.

This funding option is available to incorporated businesses operating in specific industries such as:

Staffing companies
Trucking companies
Manufacturing / Distribution companies
Apparel businesses

However, businesses in industries like Construction and Software are not eligible, along with those involved in ‘trailing services.’

To be eligible for factoring, businesses should have accounts receivable valued at $250,000 or more.

Short Term Working Capital Business Loans

Unsecured up to $75k, secured up to $100k
3 — 18 months
2 Years + in business, no recent NSF activity

If you have any questions, please do not hesitate to call me