What You Can Finance
Avoid putting consumables (filters, one-off marketing) on long terms—use a working capital loan or line of credit instead.
Typical Rates & Terms
| Product | Amount Range | Rate Type | Effective APR | Term | Funding Speed |
|---|---|---|---|---|---|
| Equipment Loan | $15k–$350k | APR | 9%–22% | 24–72 months | 24–72 hours |
| FMV Lease | $15k–$300k | Payment factor | 10%–24% | 24–60 months | 24–72 hours |
| OEM/Dealer Promo | $10k–$150k | 0% intro / rebate | 0%–18% after promo | 6–24 months | Same day–1 week |
| Truck Loan/Lease | $25k–$120k | APR/Factor | 8%–20% | 24–72 months | 24–72 hours |
Promo vs Outside Financing
- Take OEM promos when you can clear the balance before the 0% window ends and the promo covers exactly what you need.
- Choose outside lenders when you’re bundling trucks, tools, and mixed-brand installs or need longer than 24 months.
- Blend both by putting manufacturer-specific gear on the promo and funding trucks or accessories with an equipment lender.
Dive deeper into pricing strategies with 0% for 24 months sounds great – what does it cost you? and Can you legally raise your price and give a cash discount?.
Calculator: Payment & ROI
Estimate how many jobs you need to cover a new equipment investment before you commit. Keep monthly payments under 8–12% of average gross revenue.
Approval Checklist
- 6–24+ months operating history (startups considered with strong personal credit).
- Monthly revenue $25k–$250k+ with clean bank statements.
- Owner FICO 580–720+. Higher scores unlock longer terms.
- Vendor quote or invoice for every financed asset.
- Insurance binder listing lender as loss payee for vehicles.
Case Study: Texas Mini-Split Expansion
4-truck shop, Dallas suburbs Financed $85k in mini-split inventory at an estimated 14% APR over 48 months. Payment ≈ $1,940/mo. Added ~$6,500/mo in gross installs and cleared marketing payback in under 4 months.
FAQ
Do OEM 0% programs beat third-party loans?
When you can repay during the promo window, yes. Once the teaser expires, third-party terms often deliver lower blended APRs.
Can I finance trucks and tools together?
Yes. We can bundle multiple assets into one approval so you only have a single monthly payment and UCC filing.
What collateral is required?
The equipment secures the financing. Expect a UCC filing and, for vehicles, title/lien recording.
Are there prepayment penalties?
Most equipment loans allow early payoff with an interest rebate. Leases usually charge the remaining factor but waive residuals.
How fast can we fund in peak season?
With complete docs we often clear underwriting in 24–48 hours; trucks can take an extra day for dealer paperwork.