What is the average turnaround time?

Turnaround time depends on an individual's credit profile; however, we strive to provide a credit decision within a few business hours.

What do I need to get started on an equipment purchase?

For new customers, the first step is completing a one-page credit application. Oakmont Capital Services can consider approvals up to $1MM. For current customers, call or email any OCS finance professional with your request.

Is there an early payoff penalty?

In many commercial equipment lending scenarios, extra payments are credited towards the next payment, which is one reason why OCS has a soft early payoff option . This allows customers to pay off early without incurring all of the remaining interest.

How can I find my balance or payoff?

Please call our customer service team at 877-701-2391 or reach out to your designated Account Manager directly , and they will be happy to provide you with your contact information.

Do I need insurance to finance equipment with OCS?

Oakmont Capital Services does require sufficient proof of insurance within 30 days of a contract commencing. Ask us about our convenient insurance options if you are looking for a recommendation.

What makes OCS the right choice for me?

For over 25 years, we've been helping businesses secure commercial equipment financing quickly and easily in all 50 states and Puerto Rico. We can offer a broad range of financing options, including 100 percent financing, no down payment, and up to $1MM with a simple online credit applicaiton, for approved credits. We offer flexible rates and terms with seasonal, skip, and delayed payment options.

Why not simply pay cash for my equipment?

An asset earns profit only when it appreciates in value, such as real estate. Therefore, financing an equipment purchase frees up cash flow, builds capital, and gives the customer more financial flexibility, especially since it won't depreciate.

How can financing help my business maintain cash flow?

Equipment financing can reduce upfront costs and improve your working capital position by freeing up cash that can be used for other areas of your business.

What happens if the equipment is damaged en route?

Most vendors work with reputable shipping companies; typically, the shipping company has insurance for any damage that occurs in transit. Still, we recommend you speak with your vendor of choice regarding this topic before any funds are transferred.

When does a loan start?

The loan begins when the funds are released to the seller. The first payment due date is typically set for 30 days unless special terms are offered.

Are there any down payments required at the beginning of a loan?

OCS can offer 100 percent financing with no down payment to many customers. Some loans require two payments in advance or special payment scenarios, depending on the approval terms. Additionally, OCS customers incur standard documentation and installation fees, as well as any other costs associated with the transaction. All fees are clearly disclosed in an easy-to-read invoice included in your document package.

Is financing equipment beneficial to my business?

Financing conserves cash flow and credit lines in case of emergency or if unexpected expenses occur. It can also minimize risk by mitigating the uncertainty of investing in the capital assets your business needs until it achieves the desired return and meets other business objectives .

Call (877) 701-2391

FAQs

What is the average turnaround time?
What do I need to get started on an equipment purchase?
Is there an early payoff penalty? 
How can I find my balance or payoff?
Do I need insurance to finance equipment with OCS? 
What makes OCS the right choice for me?
Why not simply pay cash for my equipment?
How can financing help my business maintain cash flow?
What happens if the equipment is damaged en route?
When does a loan start?
Are there any down payments required at the beginning of a loan?
Is financing equipment beneficial to my business?

Awards

Named a Best Company:
Monitor Daily’s Community Impact Category

Ranked number 41:
Monitor Daily’s Top 100 Equipment Finance Companies

The 2023 Honoree:
Equipment Leasing & Finance Association’s (ELFA) Operations & Technology Excellence Award

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Stay up-to-date on all things OCS

From equipment finance to working capital to available inventory, sign-up for our email communication to stay in the know!

Ranked 1622/5000 fastest-growing private companies in the U.S.

Stay up-to-date on all things OCS

From equipment finance to working capital to available inventory, sign up for our email communications to stay in the know!

Let’s Make Things Happen

Contact Info

41 Avada Avenue, Florida, 98765

403-904-3623

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