Are you experiencing growth? Need to replace old and worn or obsolete equipment? We can help!
Affinity Can Provide Equipment Financing For Your Business
Many of our clients are looking to grow and require new equipment. This can include large heavy machinery and manufacturing equipment to printing equipment, computers, microbreweries, farming equipment and more.
Whatever your needs, when you are ready to grow, we are here to help. Put the experts at Affinity to work for you.
What is Equipment Financing?
Equipment financing is a form of asset-based lending. Basically, we are advancing money to you for the purpose of acquiring equipment for use in your business. Depending on what you are acquiring, those assets and potentially others may be used to secure your funding at a favorable rate.
We offer flexible terms of up to 72 months for equipment financing to be repaid. This is available for both new and used equipment to be placed into service in your business.
With flexible options, you can use the funding for one-time acquisitions, or as a line of credit, when you know you will be acquiring a number of pieces of equipment over time.
Whether you are looking for flexible equipment leasing or loans for straight acquisition, we have the solutions for your needs.
3 Ways We Help
How Our Equipment Funding Programs Work
At Affinity, we offer you as many options as possible to acquire the equipment that you need. Some clients are looking for a loan to make a purchase while others are looking to lease equipment.
No matter which path you prefer, the financing professionals at Affinity can help you secure the funding you need.
It begins with a simple application process. We need to understand the equipment you are looking to acquire, the method of that acquisition (purchase or a lease), the ability of that equipment to secure the financing, in your desired timetable to satisfy your obligations.
We present you with the best options available and help you make an informed decision.
Experienced Funding Team Delivers Results
Not all companies are created equal. Many financing companies focus on one high commission product that they tried to force on all of their clients. At Affinity, we work differently.
Rather than being limited to a particular product, we offer a tremendous range of funding options. For example, with equipment, we offer both leasing and purchase options. These can be lump-sum purchases or acquired through a business line of credit. We are able to secure with the assets being acquired or by leveraging other assets depending upon the asset in question.
In other words, where other funding companies put up obstacles, we see mutual opportunities. Let us work with you to find the best solutions for your needs.
Affinity Beyond Capital Can Approve Equipment Financing Quickly
While traditional banking can be a protracted process, equipment funding through Affinity is quick. We make the entire process easy with a very structured application process that helps ensure clients get it right the first time. In fact, 96% of clients can be reviewed and approved based on the initial submission. This saves you time, effort and money.
Don’t miss a great opportunity to acquire the equipment you need to undertake a project. Don’t lose that shot at picking up used equipment at a bargain price. We will work quickly to get you the financing you need.
Complete our online application or call our specialists at (516)743-3020 and let’s find out how our experts can help give you the lending product you need to continue growing your business.
The Funding Process at Affinity
Our financing process is a simple three-step procedure:
Apply for Equipment Financing
Apply online using our straightforward application or speak to one of our experts. To be considered, your business has to have already been in operation for a minimum of 3 months with gross monthly sales revenue that is at least $8,000. There must also be sufficient equity in the assets used to secure the financing.
Get a Decision Quickly
Get Approved for Equipment Funding
All funding requires an application as well as proof of your company’s income using the most recent three months of bank statements. We will need information related to the equipment being financed. After all of the information is received and approved, you could get your equipment financing in place in as little as one day.
6 Great Reasons to Work with Affinity
Our team is often asked why men and women need to use Affinity as their trusted source for small business loans. More importantly, “why do our clients keep coming back?” Have a look at some reasons why:
Ways You Can Use Equipment Financing through Affinity
Our clients come to us looking for equipment financing for a wide variety of industries, including:
And remember, we are able to provide financing for both new and used equipment. This is extremely useful to allow you to draw cash out of the equipment you already own or acquire used equipment at a fantastic price.
Apply Now for Equipment Financing through Affinity
Our team is here to help you. We work hard to help you get you the financing you need. We will assist you with your loan application and ensure we have all of the documentation needed to get you approved.