Equipment Revolver Product
If your business regularly buys equipment, this lending option may help to streamline routine financing. By providing you with an approved borrowing limit upfront, you will have the flexibility to use and repay the loan as necessary. We will design the loan to meet your specific borrowing needs.
Features
- Provides capital for funding equipment purchase needs
- Preapprove an annual borrowing limit – borrow as you need it
- Fixed or variable rates available
- Repayment terms dependent on collateral and equipment being financed
- Local decision-making, quick turnaround time