New Tech & Equipment

Keeping up with the latest in technology is essential for any business, but it’s not always affordable. Financing puts new tech and equipment within reach so you can maintain a competitive edge.

Finance the right tool for the job

Increase efficiency and remain at the forefront of data and innovation
Every business needs equipment, whether it’s computers, phones, medical diagnostic machines, or backhoes. But not every business can afford to keep up with the latest advances in their field alone. That’s why our lenders offer equipment financing for any sized business. Get what you need now to build your company’s future.

If you are capital rich, you might not think you need equipment financing. But even the largest corporations utilize financing to get what they need. That’s because they save on upfront equipment costs and turn those unspent dollars into smart investments in other areas of their business. Ask an R-Edge Commercial Funding specialist how equipment financing can work for your business.

Equipment Loans

Equipment loans offer a wide variety of options when it’s time to get the latest tech and machines for your business. Even if your business credit isn’t where it should be, you can get the money you need by working with our team of professionals. We’ll help you find the best deals from banks, private lenders, and federal sources so you don’t have to pay any more than you can afford.

Industrial kilns, MRI machines, earth movers, printers, restaurant supplies and computer networks are all affordable when you get the right equipment financing. Stay on the cutting edge of new technology to boost sales, enhance productivity, and get things done faster. When you’re positioned to outperform the competition, you can pay down debt faster and build on your success. But don’t go it alone. Our team has decades of experience matching companies like yours with the right business financing. Contact us today to get started.

Equipment loans aren’t always the best move when you’re looking to get new equipment for your business. Sometimes it’s more appropriate to lease equipment instead. With an equipment lease, repairs, upgrades, and maintenance are included so there’s less hassle and expense for you and your staff. When your lease term is up, simply talk to your lender about upgrade, renewal, and buy-back options.

Leasing is better suited to short-term equipment needs. If you need equipment for just a few years, it doesn’t make sense to take out a 10-year loan. With a lease, you only have to pay for the equipment as long as it’s an active part of your workflow. Not sure if a loan or lease is the right solution for you? Contact us to speak with a specialist about your business goals. We’ll guide you toward the best equipment financing available and help ensure your application is a success.

Equipment Lease

Sale-Leaseback

A sale-leaseback is an option for businesses that have equipment, but need to boost their cash flow. In a sale-leaseback transaction, a buyer pays a lump sum based on the current value of the equipment. Although ownership of the equipment changes hands, the equipment stays where it is. Monthly or quarterly payments to the buyer let you keep the equipment in place and working for you.

With a sale-leaseback, you get the cash you need without having to give up the equipment you rely on to keep your business up and running. It comes with all the advantages of leasing, plus cash to cover your business expenses. When your lease is up, choose to buy the equipment back or upgrade to something new. You can leverage the equity you’ve built in your company’s equipment assets to bring in working capital. Ask us for more details about sale-leasebacks today.

When you need equipment, but don’t have a high credit score, hard money loans can help. Hard money loans are asset-based financing, not credit-based, so you don’t need a high score to qualify. Lenders determine your loan based on the value of the equipment you’re looking to buy. Hard money loans are short-term so you won’t end up paying interest for years to come.

If you already have equipment, but need working capital for your business, you can secure a hard money loan on the assets you own. You get a lump sum based on the current value of your equipment. The equipment is then collateral on the loan, securing it against default. Securing a loan gives you more borrowing power and a higher credit limit. Ask an R-Edge Commercial Funding specialist to show you the best hard money deals, whether you want to get equipment, real estate, or inventory for your business.

Hard Money Loans

Our Process Is Simple

Three Steps to Funding

Step 1

Fill Out Our Application

Fill out a quick application form to tell us about your company.

Step 2

Match With a Lender

Meet with an R-Edge Commercial Funding specialist to help you choose your options.

Step 3

Receive Funds & Grow

We’ll make sure your application is complete and set up for success.

Bring the right tools and technology to the job with fast closing equipment financing or leasing.  We’ll help you get what you need.

ALTERNATIVES

If new tech/equipment isn’t what you’re looking for, try:

Working Capital Loans

Working capital loans let you decide what you want to spend the money on. Tackle unpaid bills, upcoming payroll, and business travel expenses with one simple loan. To find out which working capital loan is right for you, speak with one of our team members today.

Lines Of Credit

A line of credit is like a pot of money you can dip into whenever you need to. Establish a secured credit line using the value of your business assets or get an unsecured line with a qualifying credit score. Borrow as often as you need, as much as you like within your limit.

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