Equipment financing helps you finance up to 100% of the new or used equipment you need for your business. Applying for an equipment loan is typically a fast and easy way to finance the purchase of most types of equipment we offer.
We came across the problem of Farm and Construction equipment Financing for international buyers when one of our clients, a company from Africa, needed a loan to purchase expensive heavy duty equipment. We contacted several American agencies and a bank that offers international loans and helped our client conduct the negotiations and receive the required loan on quite attractive for our client terms.
We are willing to offer the same service for other prospective clients should they need a loan to purchase the equipment they cannot afford to buy otherwise.
Please see the information below if you are considering this option.
How much you qualify for—and the interest rate you’ll pay—depends on the value of that equipment, your business’s financial history, and your credit score. The maximum amount can be as high as $10 million.
We help our clients, international buyers of US used and new machinery, with term financing on the best possible terms:
Short-Term Financing – Up to one-year repayment
Medium-Term – Up to 5 years repayment on sales under $10 million
Long-Term – Greater than 7 years repayment or sales over $10 million -a few exceptions for 18 years
Normally, 20% downpayment is required. The annual percentage rate may vary and it can be as low as 5%. The first payment can be made after the first year.
The terms of the loan depend on the financial statements provided by the international buyers. Each case is reviewed by the bank underwriters and the final terms are provided under their discretion.
We may be able to arrange term financing with a US lender.
Please, contact us for more information about Farm and Construction equipment Financing options that may be available for you.