If you own a business and are purchasing furniture for your commercial office, this is classified as equipment. You can obtain financing for furniture to furnish your office, retail location, spa, salon, barbershop, auto dealership, church, studio etc.
Now what is needed in order to apply?
Business Types That Can Apply For Financing:
Start-Ups & Established Businesses
Sole Proprietor Business
Limited Liability Company
Limited Liability Corporation
Corporation
Items Needed For Qualification:
Commercial Business Location ( Home based business case by case)
EIN Number- (If you have established business credit 5 or more business trade lines for minimum of 2 years reporting to generate your business PayNet, Paydex score, you can apply EIN Only and not use your personal FICO score. If your business is a start-up or does not have established business credit, you will need to supply both the business EIN# and the principle owner FICO score.
Social Security Number- of a principle member of the company with 25% or more equity must be listed as a guarantor on the business application.
Average FICO score required to apply is min 580.
Company Website
Statement of Essential Need ( A statement that describes why purchasing office furniture is essential for your business)
3 Months Business Bank Statements
( verifiable through 3rd Party verification systems)- Bank statements are income documentation to establish repayment of the equipment loan. ** direct monthly debit of equipment payments to ensure repayment)
Listed above is just an quick overview to help you get an understanding of what is needed to apply for a equipment loan.
Click The Link below if you would like a consultation to discuss business equipment funding
If you own a business and are purchasing furniture for your commercial office, this is classified as equipment. You can obtain financing for furniture to furnish your office, retail location, spa, salon, barbershop, auto dealership, church, studio etc.
When your company needs any type of equipment, we’re happy to provide you with a no-hassle equipment lease or equipment financing agreement. Plus, we do it with minimal paperwork, and fast approvals (just one quick and easy application up to $250k - leave your tax returns and financial statements at home.) Scores under 680 will require 3 months bank statements. FICO Score To Apply minimum 620
If you own a business and are purchasing furniture for your commercial office, this is classified as equipment. You can obtain financing for furniture to furnish your office, retail location, spa, salon, barbershop, auto dealership, church, studio etc.
Now what is needed in order to apply?
Business Types That Can Apply For Financing:
Start-Ups & Established Businesses
Sole Proprietor Business
Limited Liability Company
Limited Liability Corporation
Corporation
Items Needed For Qualification:
Commercial Business Location ( Home based business case by case)
EIN Number- (If you have established business credit 5 or more business trade lines for minimum of 2 years reporting to generate your business PayNet, Paydex score, you can apply EIN Only and not use your personal FICO score. If your business is a start-up or does not have established business credit, you will need to supply both the business EIN# and the principle owner FICO score.
Social Security Number- of a principle member of the company with 25% or more equity must be listed as a guarantor on the business application.
Average FICO score required to apply is min 620
Company Website
Statement of Essential Need ( A statement that describes why purchasing office furniture is essential for your business)
3 Months Business Bank Statements
( verifiable through 3rd Party verification systems)- Bank statements are income documentation to establish repayment of the equipment loan. ** direct monthly debit of equipment payments to ensure repayment)
Listed above is just an quick overview to help you get an understanding of what is needed to apply for a equipment loan.
Click The Link below if you would like a consultation to discuss business equipment funding
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