Six Equipment Financing Questions You Should Ask, that EFG Can Answer

Six Equipment Financing Questions You Should Ask, that EFG Can Answer

When it comes to equipment financing, Equipment Finance Group provides superior financing solutions for you by specializing in the machine tools, plastics, and print industries, the equipment you need. 

Our mantra has always been, Busy Lending Done Right, and we strongly believe in that! Our goal is to make equipment financing fast, flexible, and easy. We have done this by creating a transparent and fair financing process for our customers.

At EFG, we know that keeping up to date with the latest in your industry’s equipment can be stressful; that’s why EFG offers you financing options that best meet the needs of you and your business. 

Are you interested in equipment financing? Here are some questions EFG can answer for you. 

How do I Apply for Equipment Financing? 

At EFG, we have made it easier than ever to start the financing process. You can apply online if you know the equipment and structure you are looking for, or you can contact EFG at 513.373.4991 to talk with one of our inside sales representatives or send us an email, at 

As a helpful tool, you can find a leasing calculator on our page. The leasing calculator allows you to calculate your ideal monthly equipment payments, by plugging in the total equipment cost, down payment amount, interest rate, and your desired monthly financing terms. 

Is EFG familiar with the equipment I am looking at financing? 

EFG’s Founder and CEO, Chris Lyle, has experience with many automotive, and mold shops, as well as, experience in aerospace and defense, as well as, extensive knowledge from working with manufacturers, and the team at EFG has been working with these industries for years. 

Do you support small and mid-sized businesses?

 No matter the size of your business large or smaller, EFG is here to help you finance all your equipment needs, with financing solutions that best fit your business. 

We welcome all credit types, and EFG has a 97% approval rating. 

Can I purchase from the vendor of my choice?

EFG serves manufacturers, distributors, and dealers globally. EFG partners with several vendors across multiple different industries.

We can also work directly with your business and the vendors you are interested in. EFG will discuss with you the equipment and request the vendor quote or quotes you have for the equipment you are looking to finance. 

Do you support small and mid-sized businesses?

EFG is here to support any size business. Whether you have only been in business for a few years, or you are a well-established company, we are here to support your company in its equipment financing needs. 

Can I choose between leasing or purchasing?

We can offer capital leases, operating leases, and rental options. We can work with you to find the financing structure that best meets your business needs. 

If you still aren’t sure which option is best for you, EFG can work with you and discuss the financing structures. 

How long does the financing process take?

The timeline of the financing process can vary depending on the customer and terms, but EFG works diligently to get you approved in a quick and timely manner. EFG will continue to communicate with the customer through the whole process, letting you know exactly what stage the equipment financing process is in. 

Related Posts

About Us

We offer superior, industry-specific financing, solutions, and services. EFG will simplify the equipment purchase experience by combining our highly skilled and motivated team’s vast industry experience with the latest technology.

Let’s Socialize

Popular Post