Direct Lender
Direct Lend
- Comprehensive suite of finance product offering, leases, rentals, loans & export finance
- Financing up to $10,000,000 for projects, CAPEX and large machine purchases
- Expedited application only up to $500,000 per asset – financials not required
- Fast decisions
- Simple & quick Lease Documentation
- Flexible terms
- Transparent lending process
Equipment Financing That Works For Your Business & Budget
Need a new piece of equipment? Equipment financing is a smart solution. EFG underwrites a variety of equipment within the Machining, Plastics and Packaging manufacturing industries with flexible payment options to fit your budget and cash flow needs. Equipment Finance Group makes the financing process a breeze.
4 simple steps to finance your purchase
- Determine the equipment you want for your business.
- Provide EFG with equipment proposals reflecting the machinery, auxiliary, and soft costs. We’ll discuss the best lease products, terms, and rates, enabling EFG to prepare finance proposals.
- Choose the proposal provided by EFG that best suits your budget. Return your chosen proposal budget along with an EFG Credit Application.
- EFG will underwrite, coordinate the vendor payment terms, document, and fund your purchase, ending in equipment delivery and acceptance.
Advantages for you
Conserve Capital
Your customer can use their capital for other business needs.
Fixed Payment
By locking in a fixed payment, your customers avoid interest rate hikes in the future.
Longer Terms
We offer financing terms ranging from 24 to 84 months.
Keep Up With Technology
Add-ons and upgrades can ensure your customers have access to the latest and most advanced technology.
Purchase Options
Purchase options give your customer the opportunity to own the equipment.
100% Financing
“Soft” costs such as service, software, and training can be included in the monthly payment.
Keys To Leasing With EFG
Flexibility
100% financing of the invoice, including any add-on items such as training, installation, and other soft costs
No Blanket Lien
Only the equipment is required as collateral. Your personal and business assets remain protected.
Tax Advantages
Qualifies for the Section 179 deduction.
Early Payoff Options
EFG’s finance program allows early payoff without paying the remaining stream of payments.
Fixed Payments
Unlike financing with a line of credit or credit card, payments and interest rates are fixed. Market conditions can affect your line of credit, and credit card rates can increase. Our payment terms are locked in.
Lines of Credit Remain protected.
Banks are great for short-term needs, and you should use them that way. An available line of credit is an extremely valuable tool to address unforeseen emergencies. Therefore, reducing those open lines by using them to finance equipment can be dangerous. Financing with EFG does not impact the credit lines with your bank and may offer more flexibility for your equipment financing needs.
Avoid Obsolescence
Financing affords you the best technology available today and allows you to upgrade your equipment when it has outlived its usefulness. Strengthen your competitive edge by using tomorrow’s technology today!
