First, how much do you expect to spend?
Is Online Financing For You?
Online financing has a number of benefits. If you are still on the fence, here are a few reasons that you may want to consider going this route.
Bad Credit May Not Be An Issue
If you have bad credit, you know that it can be difficult to secure financing. This is particularly true with dealer finance departments who seemingly only want applicants with perfect credit scores. Online lenders are different. In fact, many of the lenders in our group specialize in working with applicants experiencing credit problems. If you have heard no before, an online loan may be the answer.
You Get A Cash Loan
If you are approved and decide to accept a loan, your lender will pay you directly with cash. This allows you to shop any dealer that you like so that you get the machinery you need. It also allows you to shop the used market and buy from a private seller. This can save you thousands of dollars by letting you avoid the dealer markup.
It Is Fast & Easy
You can have an offer in front of you in just minutes. The secure quote form takes just a few minutes to complete and then you get an offer quickly. Then, if approved, you can have money in your account as soon as the next business day.
Let’s Get Your Loan Offer
Now that you can see all of the perks of an online loan, let us have a look at how the process works.
Enter Your Information
First, you will need to complete the quote form located at the top of this page. Don’t worry, it is not a mortgage application, so you should be able to complete it in just a few minutes. Start with how much you expect to need and then enter some basic information about yourself. You will also need to enter a checking account number to let your lender know where to send the money.
Get An Offer
If approved for a loan, one lender from the group will make you a cash loan offer that you can use for machinery financing. To review the details of this offer, you will be directed to the lender website. Take the time to thoroughly review the offer and ask your lender questions if necessary.
Say Yes Or No
With all of the information in front of you, it will be time to make a decision. You are under no obligation to accept an offer, so make sure that the loan is a good choice for you. Should you decide to accept your loan, you can have cash in your account as soon as the next day.
Buying Your Machinery
If you decided to accept your loan, you can now go about the business of buying your machinery. With cash, you have a lot of options.
Buy Equipment New
New equipment is always great, but it comes at a premium. Still, the benefit of a factory warranty and the lack of wear can make the equipment much more useful to a busy shop.
Buy Equipment Used
With used equipment you are taking a risk, but it can be a lucrative one. Used equipment can save you thousands of dollars over the cost of new.
