FInancing Your Dreams
Equipment Financing
Starting or ExpanDing Your Business?
Equipment financing for the entrepreneur
We work with owner-operators to help you expand your businesses and achieve your goals. Here’s how it works:
- You select the equipment and negotiate the price from the vendor of your choice.
- You also work directly with the vendor to negotiate the details of warranties, guaranties, delivery, installation and servicing.
- You apply with McKenzie Credit online, and one of our credit professionals will reach out to you for next steps and any other information we may need to collect from you.
- You pick the length of repayment that best works for you and we prepare the documents. After signing, we disperse the funds to the vendor so you can get to work with your new equipment.
We have approved an average of 65% of loans over the last 30 years!
Equipment Financing FAQs
Most any type of business equipment can be financed. The ‘soft’ costs associated with the equipment such as freight, installation and training can also be included.
Commonly Financed Equipment:
- Trucks and Trailers (including rebuilds and repairs)
- Construction Machinery
- Heavy Equipment
- Tow Trucks
- Office Equipment and Furniture
- Medical, Dental, and Chiropractic Equipment
- Production Machinery
- Printing Equipment
- Computers and Computer Software
McKenzie Credit approves nearly 75% of our applicants, although it may not always be under the terms originally requested. We can often provide financing options when banks are unable to assist. We will work with you personally and consider your unique situation to see if we can help.
We are willing to listen to your story. If you had some items in the past that affected your credit, such as bankruptcy, but have reestablished credit, we may still be able to approve with a larger down payment, consigner, or by taking a piece of additional collateral. The same goes for newer businesses.
The fastest way to get started is to fill out our application. You may also download our application, or give us a call and we’ll take your application directly over the phone. You can also call to have an application emailed directly to you.
We can have a decision to you in as little as 24 hours once all of the information we require has been submitted to us.
Personal equipment loans benefits
Competitive Advantage
Use of updated equipment helps you to remain competitive in today’s market.
Lower Installments
We can provide longer repayment terms and lower installments than a typical bank loan.
Expand When Ready
More purchase power in your budget allows for quality expansion when the timing is right.
Up to 100% Financing
In some cases, we can cover up to 100% of the financing that you need.
Cash Flow Protection
Conserve your cash and bank credit for operating expenses and emergencies.
Generate Income
Income generated from your equipment can provide additional growth opportunities and help to cover the payment.
Protection Against Inflation
We allow for the ability to lock in the financing rate, which can help hedge against inflation.
Choice & Flexibility
We offer: monthly, seasonal, and annual payment options, delayed payment & consolidation options.
Testimonials
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