Equipment Financing 101

Equipment financing allows businesses to acquire the equipment they need without taking all the money out of their cash flow. Financing equipment is one of the most common reasons a small business owner might seek out a loan. It is used to buy anything from software to commercial equipment, titled utility vehicles, heavy machinery and more. When applying for an equipment loan, there are several factors that go into a loan approval, including the amount borrowed, interest rate, and term length (typically 60 months). The amount of money you’ll be eligible to borrow depends on the type of equipment you’re purchasing, whether it’s new or used and your credit history.

Oakmont Capital Services has provided commercial equipment financing to growing business like yours for over 20 years. Let’s explore how financing commercial equipment can be beneficial for a business owner from a cash flow and asset standpoint.

 

Select The Financing That Fits Your Needs

 

Fund Your Equipment:

  • Delivery Vehicles
  • Erosion Control Equipment
  • Bulldozers & Excavators
  • Earth Moving Equipment
  • Paving Equipment
  • Cement Trucks
  • Demolition Equipment
  • Forklift & Material Handling
  • Forestry & Landscaping
  • Tree Care & Tree Transplanting
  • Cranes, Lifts, Backhoes
  • HDD Equipment
  • Trash Hauling
  • Compaction & Recycling
  • Liquid & Solid Waste Equipment
  • Drilling, Oil & Gas Equipment
  • Manufacturing Equipment
  • Restaurant Equipment
  • POS Systems
  • Office & Communication Equipment
  • Computer & Software
  • …and Much More!

Specialty Equipment Financing

Oakmont Capital equipment financing is streamlined to ensure that our customer’s experience is consistently affordable and fast. We offer service equipment and construction equipment financing. We are more than happy to provide term loans, finance agreements, and lease options. Simply complete our quick credit application!

We can approve equipment funding request of up to $300,000 within a few hours from scanned documents, so our process can take less than 24 hours!

 

Use Oakmont Capital Services for:oakmont capital services equipment financing

  • New and used equipment
  • 90-day deferred payment option at most credit levels
  • Seasonal Payments; skip up to 3 consecutive payments per year
  • 100% financing
  • Application up to $300,000
  • Municipal leasing options
  • Wide Credit Window (A+ to C)
  • Underwrite start-ups with good credit

Fund What Drives You:

  • Dry Van Trucks and Trailers
  • Chipper & Bark Blower Trucks
  • Solid Waste Trucks & Equipment
  • Liquid Waste Trucks & Equipment
  • Dump and Hauling Trucks
  • Tank Trailers
  • Service & Tool Trucks
  • Tow Trucks
  • Rock Slingers
  • FedEx Step Vans
  • Delivery & Box Trucks
  • Food and Catering Trucks
  • Crane Trucks
  • Bucket Trucks
  • Specialty Trucks
  • …and Much More!

Transportation Financing

Oakmont Capital transportation financing is fast, affordable and reputable. Our streamlined process can approve your truck financing request of up to $300,000 within a few hours. We can fund from scanned documents, so the whole process can take less than a day!

We finances vocational vehicles, local and long-haul delivery trucks, and trailers. Simply complete our quick vehicle credit application; it’s as easy as 1, 2, 3!

 

Use Oakmont Capital Services for:oakmont capital services truck and utility vehicles financing

  • New and used vehicles
  • 90-day deferred payment option at most credit levels
  • Seasonal Payments; skip up to 3 consecutive payments per year
  • 100% financing
  • Application up to $300,000
  • Municipal leasing options
  • Wide Credit Window (A+ to C)
  • Underwrite start-ups with good credit

Fund Your Business:

  • Medical Working Capital
  • Eye Care Equipment
  • Veterinary Equipment
  • Dental Equipment
  • Assisted Living Equipment
  • Computer & Communication Equipment
  • Office Equipment
  • …and Much More!

Medical Equipment Financing

Looking to expand your practice, upgrade your office or purchase new or used equipment?

We offer financing options through application-only funds for medical equipment purchases up to $300,000. From small to mid-size business loans, Oakmont Capital financing solutions allow established medical professionals to take control of their cash flow!

Expertly designed to enhance the value of your medical practice, a working capital loan is:

Accessible: Application-Only to $100,000
Affordable: Competitive rates and flexible terms
Adaptable: Cash is available for you to use how you see fit

 

 

Use Oakmont Capital Services for:oakmontcapitalservices_medicalequipment_financing

  • Expand your practice
  • Start a new practice or open a new location
  • Update your office
  • Purchase needed medical equipment
  • Purchase software
  • Finance upgrades and repairs
  • Consolidate business debt

Should You Finance Your Equipment?

Typically, Oakmont Capital customers seek 100 % financing for a piece of machinery they’ll use for the long-term. Not every business owner has the cash flow to purchase a piece of equipment outright, and that’s where equipment financing comes into the equation. Some business owners choose financing to conserve their cash flow for unexpected expenses that may arise.

By obtaining a loan, our customers can extend their capital with a monthly flat payment instead of a lump sum. At Oakmont Capital Services we also offer flexible payment options including seasonal, skip and delayed payments, making it easier for customers in certain industries to make their payments when cash flow is steady.

Equipment financing allows you to quickly get the money you need to purchase equipment and keep your business running. With the streamlined application process via electronic documentation at Oakmont Capital Services, our customers can secure a loan quickly – sometimes within 24 hours – which does not require a down payment. By getting approved for a loan, purchasing equipment, and adding assists to your business, you’ll increase your chances of obtaining a loan or line of credit in the future. As a bonus, per Section 179 of the tax code, small businesses can write off equipment purchases each year, enabling tax incentives and improving cash flow.

WHY CHOOSE US?

Better Rates and Flexible Terms

Oakmont Capital shatters the big bank rates, making us the go-to funding source for a wide range of customers.

Over 20 Years of Experience

Work with our team of experts and grow your business. Speak with our Certified Lease & Finance Professionals today to learn more.

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24 Hour Turnaround

Our streamlined application process delivers credit decisions within hours, not days, maximizing your time and experience.

Have a Question?

Whether you’re wondering about your rate options, term length, or types of collateral we finance, we’re here to answer your questions.

Call us: 877-701-2391

Email to: info@oakmontfinance.com

Commercial Loans

Oakmont Capital has the ability to originate commercial loans for a wide variety of your financing needs. Our working capital loans are the next step to growing your business and are available for Business Acquisitions, Commercial Real Estate, Debt Consolidation, Equipment, Bridge Loans and Export Financing.

A typical working capital loan from Oakmont Capital is between $300,000 and $20,000,000. Our banking and investor partners provide our clients with a variety of special financing options including conventional and guaranteed commercial financing products.

Use Oakmont Capital Services for:

  • Commercial Real Estate
  • Partner Buy Outs/Buy-Ins
  • Lease Hold Improvements
  • Equipment Loans
  • Recapitalization Loans
  • Bridge Loans
  • Export Finance Loans
  • Working capital Loans
  • SBA Loans
  • USDA Guaranteed Loans

Oakmont Capital Services, LLC (Headquarters)
1398 Wilmington Pike, Suite 200
West Chester, PA 19382
Direct  (610) 892 8670
Toll-Free  (877) 701 2391
Fax  (800) 843 2948
info@oakmontfinance.com

Oakmont Capital Services (Minnesota Offices)
641 Railroad Avenue, P.O. Box 219
Albany, MN 56307
Direct  (320) 844 8800
Toll-Free  (877) 701 2391
Fax  (800) 843 2948
info@oakmontfinance.com

Questions? Chat with us today!

Whether you're wondering about your rate options, term length, or types of collateral we finance, we're here to answer your questions.

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