Who Qualifies for Equipment Financing and Leasing

Who Qualifies for Equipment Financing and Leasing
Who Qualifies for Equipment Financing and Leasing

To a small-scale business, buying brand-new equipment or replacing faulty ones is of paramount importance. Without proper equipment, the product quality will drop, delays will appear, and profits will falter. However, if you’re in a financial bind and can’t cover the costs of buying new equipment, then it’s quite a problem. However, Globelend Capital can assist you by providing an equipment financing and leasing loan.

We give you a loan to sustain your equipment financing or any equipment lease you’re interested in. Sophisticated machinery is expensive, and if that machinery is your business’ lifeline, then obtaining money to buy it is paramount. It’s not a problem since we can give you a loan in less than 48 hours. Most money lenders or banks are obsessed with paperwork and bureaucracy, but not us. We prefer simplicity and flexibility when dealing with clients.

Call us at (855) 842-5626 or use our contact form for more information!

Who Qualifies for Equipment Financing and Leasing?

Theoretically speaking, any business needs money to purchase or lease equipment, but not every business qualifies for this type of loan. Your credit score, financial history, duration of operation, and cash flow are all important when assessing your qualification for a loan. We, at Globelend Capital, expect a business to have been active for at least six months before offering equipment financing and leasing loans. That’s not a lot at all!

In addition to the 6-month duration of operation, we kindly request that you have these documents ready when applying for our loan:

Bank statement

Credit score

Driver’s license

 Statement of tax returns

 Proof of business ownership

 Equipment quote

A business equipment loan can help you a great deal when expanding your business, for instance. When you need to buy new equipment, apply online, and we’ll give you a loan quote within 24 hours. It’s as simple as that!

Why Would You Choose Globelend Capital?

Money-lending firms focus heavily on paperwork and bureaucracy. They want to ensure security and top performance with the loans they do offer. But, despite their best intentions, many business owners would rather not go through all the bureaucratic hassle. That’s understandable, and Globelend Capital is here to offer an accessible alternative, a much less bureaucratic one. We’re the simplest, most accessible, and friendliest money-lending solution you need.

In 10 minutes, you can complete our online application for an equipment financing and leasing loan. After we’re done reviewing the application, we’ll decide if we can give you a loan. If so, then we’ll send a quote within 24 hours, and in the shortest time possible, you’ll gain access to the loan. Whether you want to buy new equipment or lease it from an external third party, we’ll support you financially for as long as you need. No strings attached besides the contractual obligations!

You have access to multiple loan solutions from Globelend Capital, including:

Small Business Loan—This type of loan is guaranteed by the federal government to cover a specific loan portion when something goes wrong. However, many banks are still very bureaucratic and strict when handing out an SBA loan. Not us, though! We’ll give you one in less than 48 hours!

 Business Line of Credit—Small business owners will find that a business line of credit is very attractive. Being flexible and versatile, a line of credit allows you access to money when you need it. Pay back the borrowed amount, and you can open up a new line of credit! You only pay interest on the amount you withdraw, not the entire loan amount.

Call us at (855) 842-5626 or use our contact form for more information!

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