Capital Lending Solutions LLC combines efficient application processing/decisioning along with an elimination in the redundant funding processes. Approvals happen usually under 120 minutes and documents arrive in applicant’s email in minutes. Funding documents are signed on applicant’s cell phone or computer, using e-signature technology and completion of the document signing triggers funding of the equipment.
*Approval to Funding in Less Than 4 Hours!
*Electronic Funding Documents (can be signed on cell phone)
*Application Only Program – Up to $150,000
*Titled Vehicle Financing Allowed
*New Business / Start-Up Program Available
We provide Equipment Lease Financing and Equipment Loans for all credit tiers (A-E) – even Bad Credit Equipment Financing. We service the business and their story, not the credit score. In doing so, this allows for maximum approvals across the board and acquiring the necessary equipment to help grow your business. Specializing in Trucking Equipment Financing, Construction Equipment Financing, Medical Equipment Financing, Dental Equipment Financing, Technology Equipment Financing, Printing Equipment Financing, Server Financing and Software Financing.
Most businesses need equipment. For some, it’s as simple as a smartphone and tablet computer, for others it’s a 3D Image Scanner and a specialty printer, or a Box Truck and Forklift or even a Commercial Truck and Trailer. Some equipment can be used for many years, while other items might be obsolete in 24 months. Some must be acquired new, while others can be purchased used from an auction. Some can be purchased outright, while others can be leased. But no matter what you need or the capital you have on hand for it, there are ways to get equipment–and finance it.
We work with nearly every business specialty and equipment type. If you need to add equipment to your business, but you don’t want to tie up your capital, then this is the loan product for you. Equipment Financing is available with little or no down payment, in both lease and loan options. The approval process is fast, the payment schedule is affordable and there are potential tax advantages.
*Approvals From 10,000 – $5,000,000
*Payback Terms From 24 – 84 Months
*Approvals in 2 – 24 Hours with Proper Documentation
*Affordable Monthly Payments
*Deferred Payment Options
*Low Barrier of Entry Cost – Typically $0
*No Personal Collateral
Tax provisions accelerate depreciation on qualifying business equipment, office furniture, technology, software and other business items. When you finance such purchases with Next-Financing, you may deduct a significant portion, up to $510,000 in 2020 (to be adjusted for inflation). There is a dollar-for-dollar phase out for purchases over $2 million. Additionally, any qualifying purchases in 2020 may also take 50% bonus depreciation in the first year plus their regular MACRS depreciation on the remaining 50% portion of the cost basis. Consequently, not only will Section 179 help bolster your bottom line, you garner the benefits of new equipment and technology that will help grow your business.
Impact of Section 179 – An example of what it does to the adjusted purchase price of your equipment.
Purchase Price of the equipment your business needs: $50,000
Tax Deduction created by Section 179 of the Tax Code (35% tax bracket): $17,500
Adjusted Equipment Price After Section 179 Tax Deduction: $32,500
**To capture these tax savings, qualifying equipment must be placed in service before December 31, 2019. Simply choose your business equipment and Next-Financing will design payments to help you make a profitable decision.
5+ years – Time in Business is preferred
680+ Credit Score
Application Only – Available on Equipment Purchases $5,000 to $200,000
Approval Amounts From $5,000 – $5 Million
2 – 5 Years – Time in Business
600+ Credit Score
Application Only – Available on Equipment Purchases $5,000 to $150,000
Approval Amounts From $5,000 – $2,000,000
Under 2 Years – Time in Business or Start Up Businesses
Credit Challenged – Credit Scores under 600
Application Only – Available on Equipment Purchases $5,000 to $100,000
Approval Amounts From $5,000 to $500,000
Down Payment Required – 10% – 40%
Bad Credit Equipment Financing / Challenged Credit Equipment Financing
No time in business required
620+ Credit Score (All 20%+ Owners Must Have a 620+ Credit Score)
0 – 12 Months In Business – $20,000 Max Approval (Unless Using Real Estate Collateral or 20%+ Down Payment)
12 – 24 Months In Business – $30,000 Max Approval (Unless Using Real Estate Collateral or 20%+ Down Payment)
*Restricted Industries Do Not Apply
Commercial and Industrial Equipment Financing
Directional Drilling Equipment Financing / Boring Equipment Financing / Drilling Equipment Financing
Drone Financing / Agriculture Equipment Financing / Farm Equipment Financing
Trucking and Transport Equipment Financing / Commercial Vehicle Financing
Heavy Equipment Financing
Franchise and QSR Financing
Gas, Convenience Store and Car Wash Equipment Financing
Healthcare Equipment Financing / Medical Equipment Financing / Dental Equipment Financing / Veterinary Equipment Financing
Hospital Equipment Financing / MRI Financing / X-Ray Equipment Financing
Hospitality Equipment Financing / Restaurant Equipment Financing / Kitchen Equipment Financing
Merchant Equipment Financing
Technology and Software Financing
Bad Credit Equipment Financing / Challenged Credit Equipment Financing
Bad Credit Heavy Equipment Financing / Challenged Credit Heavy Equipment Financing
Call Today: 888-230-3632