Small Business Equipment Financing & Lines of Credit
Secure fixed-rate heavy equipment financing for up to one year in advance.
A Business Equipment Financing Line of Credit from Regents provides the benefits of our lease products, preserves low cost of funds, and allows you to space equipment acquisitions over time. Your funding can be committed for up to 12 months in advance with periodic take downs (which can be matched to the equipment’s expected utilization time). You can even combine multiple invoices into a single advance or capital equipment financing agreement.
Regents’ direct business equipment financing and funding capabilities, in conjunction with our broad array of credit portfolios, ensures your Business or Capital Equipment Financing Line of Credit will be established with low, fixed, long-term rates on favorable terms with the most advantageous structure tailored to your unique business needs.
Features & Benefits of Equipment Financing
Large, medium, & small business equipment financing
Lower Capital & Business Equipment Financing Costs
Lower capital equipment financing costs with no hidden charges, non-utilization fines or fees in the fine print. Converting variable debt to fixed rate financing hedges against inflation and rising interest rates as payments remain the same for the term of the contract.
Off-Balance Sheet Equipment Financing
With off-balance sheet equipment financing, qualifying payments on a Regents True Tax Lease are up to 100% deductible as an operating expense as opposed to only being able to deduct depreciation and interest.
Lower Payment Options for Your Small Business Equipment Financing
Lower costs with no hidden charges, non-utilization fines or fees in the fine print. Converting variable debt to fixed rate financing hedges against inflation and rising interest rates as payments remain the same for the term of the contract. That’s a huge benefit of working with one of the highest rated equipment leasing companies.
Regents Helps You Avoid Bank Restrictions with Capital Equipment Financing
Avoid blanket liens, restrictive covenants, rate escalator clauses, compensating balance requirements, or other typical surprises in traditional lending restrictions, all while improving financial and internal performance ratios. Our business and funding solutions work with you, not against you.
Regents Progress Payment Management
Our clients save time and upfront cash when Regents manages all of the invoicing and necessary progress payments. This increases efficiency and progress as well as helping to alleviate many vendor-induced headaches.
100% Financing Options for Your Business Equipment Needs
At Regents, we understand that financing may be needed for associated project costs including soft costs such as installation, design fees, software, delivery, training, etc. – costs that many banks cannot or will not cover. As a trusted equipment leasing company, we have 100% financing options for all of your business needs.
3 step process
Regents Capital streamlines the process to get your large, medium, or small business equipment financing faster
Review
We review your financials and discuss operations, past transaction structuring and current business goals. This helps us to know more about your business, objectives, and your professional and heavy equipment financing needs.
Approval
We structure the transaction, and with approval by both parties, finalize all documentation. This makes the process clear and transparent – which is how we think it should be.
Funding
Regents funds the Equipment Financing Line of Credit and manages finance project scheduling and documentation to make it easier for you with a simpler, more streamlined process.
FREQUENTLY ASKED QUESTIONS
How do we fix rates on a drawdown?
Once the assets have been funded to the vendor or back to your company for existing assets (sale/leaseback), the rate is fixed for the term at drawdown based upon a spread over swaps.
How are the terms and structure addressed in our equipment financing line of credit?
As required, we set up Master Schedules to provide for different lengths of term (from 24 to 72 months), different residual amounts (lengthening or shortening amortization), and any other specific structuring requirements.
What about new, used or highly customized equipment financing?
Regents funds 100% of new equipment cost financing (+ most soft costs) and typically funds used and/or highly customized equipment up to 100% of FMV. We also offer up to 100% reimbursement for existing equipment purchases made within the last 12 months.
Can “soft costs” be included in our equipment financing line of credit?
Regents is typically able to finance all or most of the soft costs included in equipment transactions. Such soft costs include, but are not limited to, installation (services, foundation, electrical, piping, etc.), freight, software, training, engineering & design, etc.
WHo will service our account and be our point of contact?
Effective management of all transaction processes, schedules and documentation are provided by dedicated project teams that consist of an Account Executive, Account Manager, Documentation Manager, and Vice President of Credit as well as various specialists and administrative staff.
Do we need to qualify for each transaction we drawdown?
For most of our clients, there is no need to credit qualify for each drawdown once the Equipment Financing Line of Credit is established. In rare circumstances, such as an impending bankruptcy, a quick review of financials and approval may be required.
What type of business equipment financing can we secure through our line of credit?
We finance almost any type of equipment your business requires for its operations, including for example:
- Heavy Equipment Financing for Transportation – Titled vehicles, truck/trailer,
aircraft, GSE, rail, marine. - Business Equipment Financing for Retail, Food, and Beverage – Food
processing lines, industrial kitchen appliances, packaging, store build-outs, POS
systems, etc. - Large and Small Business Equipment Financing for Manufacturing and
Processing – CNC, printing presses, metal forming and stamping, extrusion,
injection mold machines, waste processing, robotic, automated distribution
systems, material handling, etc. - Industrial or Heavy Equipment Financing – Yellow iron, cranes, energy
production and services equipment, construction equipment, forklifts, etc. - Technology Equipment Financing – Computers, servers, telecom, data centers,
enterprise software, medical equipment, test and monitoring equipment, etc.
This is by no means a comprehensive list. Give us a call at (888) 901-4207 to talk to us about the specific equipment financing needs of your business.