FAQ: How hard is it to get an equipment loan?
Every business differs, so we examine several factors when evaluating an equipment loan. OCS looks at both personal and business credit scores. As an equipment financing company, we put more emphasis on your business credit and borrowing history, but we still like to understand your personal credit history. We take an average score between the two to help us determine the deal’s terms and monthly payment. Then we present the information, discuss options, and answer any questions before moving forward.