Equipment Financing

Small businesses use equipment financing specifically to purchase the equipment or machinery they need to operate their businesses. Any kind of equipment can be purchased with an equipment loan, for example, office equipment, medicinal equipment, or farming machinery.

Why JaScott?

We have a portfolio of 50 business lending programs that can help you gain the best loans and investment options. We have an ever evolving set of business mechanics and we serve our customers according to their needs.

Best loans

We provide some of best loan options for your business. Gone are the days you had to find investors by contacting them individually. By choosing to work with us you can get access to our lending programs and expert guidance.

Quick and Simple

Obtaining loans with our 1 step quick process is the easiest that it can get. We offer quick and easy access to loans to all our customers.

Offering Security

Our loans are protected and we ensure that you don’t have to go through the ropes like you would with an individual investor. We here take charge of all your lending requirements and we provide complete security.

Equipment Financing Details

MAXIMUM LOAN AMOUNT

Up to 100% of Equipment Value

LOAN TERM

1 - 8 Years or Expected Life of Equipment

INTEREST RATES

As Low As 4.59%

SPEED

As Fast As 2 Days

Quick Business Loans

Provide Working Capital from 10K-$5,000,000

1

Apply in Minutes

Our secure online application only takes 10 minutes or less. Apply today & qualify for the best options.

2

Get Approved Quickly

We’ll review your business information and layout all the funding options we have available.

3

Receive Funds

Once approved, you’ll access working capital immediately!

What is Equipment Financing?


Equipment can be any tangible asset, other than a building or property, that is used in business operations. Businesses can either purchase or lease furniture, computers, commercial ovens, X-ray machines, and construction equipment, all of which are considered business equipment with equipment financing.

This type of financing allows small business owners to finance equipment purchases without having any assets as collateral since the equipment you are purchasing is considered collateral.

Qualify and apply easily for equipment financing

Typically you must have at least one year of business experience, $50k in revenue each year, and a credit rating of 650 or greater to qualify for equipment financing. It's still possible to qualify if you have a credit rating below 650 but can demonstrate strong cash flow and revenues.

It doesn't matter if you can't meet all of these requirements - lenders and equipment types will determine eligibility in detail. Get in touch with one of our funding managers or fill out the application that takes only a few minutes to figure out whether you qualify.

Worried about collateral?
Equipment financing also lets you use your equipment as collateral - allowing you to secure a loan without risking your valuable assets or draining your savings. In addition to reviewing whether the equipment you're buying is new or used, your lender will determine the amount you can finance based on its lifetime value and the type of equipment you're purchasing. Small businesses often don't have as much trouble getting approved as they think because collateral is part of their loans.

Varying equipment bring varying costs

In addition to the loan amount, interest rate, maturity date, and collateral, your equipment loan payments are determined by these four factors. Industries and equipment types differ in these factors. Our loan specialists work with various different lenders who specialize in specific loans, so we can guide you to the best loan for your business.

Using an equipment financing calculator, you can calculate how much you can easily pay each month. Remember to take into account both short and long-term gains from new equipment.

Problems with outdated equipment, need funds
to upgrade it?

Applying is free and won’t impact your credit.
Talk to a rep at (877) 360-7387

Testimonials

“The JaScott Team helped obtain several working capital loans that I used to invest and grow my real estate business. I will definitely use them again.”

Carolyn Hooker - Realtor

The CD Hooker Team Coldwell Banker Apex

“The JaScott team has provided working capital to help us complete some of our construction and renovation projects as well as helped my clients find funding for home repair projects.”

Chimere Crump

CEO of Heels of Steel Construction

“The JaScott team was able to help my client secure funding to renovate a transitional living home. The funding helped  my client efficient run their business and expand their ability to provide a place for those in need.”

Char Holland

CEO New Beginnings

Frequenlty Asked Questions

With Offices in Sanford Florida, Dallas TX, and Minneapolis, JaScott helps small businesses, entrepreneurs and real estate investors, and homeowners obtain loans and lines of create nationwide. In the state of TX and Florida, we also build new construction homes as well as provide home financing. Our team of financial advisors offers free consultations and guides you in successfully obtaining working capital. Also, our loan application process is easier and quicker than going to your local bank and gets you better rates and faster funds.
With just 1 simple application, you can pre-qualify for up to 50 business lending programs. We make it fast and easy for you to obtain a loan, so you can focus on growing your business. JaScott offers your business high approval rates, fast funding times, and expert financial guidance.
With JaScottl, you can apply for a number of business lending options, including :
  • Small Business Loans
  • SBA Loans
  • Short-Term Loans
  • Commercial Real Estate
  • Hard Money Loans
  • Rental loans
  • New Construction
  • Business Lines of Credit
  • Merchant Cash Advances
  • Equipment Financing
  • Business Acquisition
  • Loans for Latinos Small Business
  • Loans for Women
By completing a simple loan application, you are instantly pre-qualified for business loan eligibility. Best of all, our variety of funding programs virtually guarantee that you will get approved for a loan. Some of the factors we consider are the following:
  • How long have you been in business?
  • What are your average monthly sales?
  • Do you have business assets or personal collateral?
  • What is your credit score?
Your JaScott Financial Advisor is ready to help you 5 days a week and can be contacted via:
  1. Telephone: Call Tel: (877) 360-7387 to have your questions answered
  2. Office Consultation: Schedule an appointment,  and visit our office or satellite locations
E-mail: Send us an e-mail to ms@jascott.org and a Financial Advisor will respond within 24 hours
Our online application will ask you for basic business information, such as your requested loan amount, type of business, and proposed use of capital. Once a financial advisor has reviewed your loan application, we will go over your funding options and help you prepare any additional documents.
One of the many benefits offered by JaScott is its multiple financing programs. With over 50 lending options for your business, you can qualify for a loan even if you have bad credit, no collateral, or only a few months in business.
Below the link are the standard requirements, however, we have additional resources that we can use if these requirements cant be met.  If so, please set up a meeting with our financial consultant. https://drive.google.com/file/d/1pziGYM4WeQ9jyqyM4E9tREi9J9bf5YAL/view?usp=sharing
The first step is to complete a short 5 minute survey assessment so we can see what programs will work best for you. Once we complete this short assessment our team will review the information and see what program will work best for you. Depending on the amount of the request or the structure of the deal we will either give you a call and send you an email requesting any additional information we need or we will setup a time via a conference call with a consultant to get more information to find the best program for your needs.