Does OCS work with any of my competitors?

We offer financing in all 50 states, plus Puerto Rico, so we may work with a customer's competitor; however, we handle all transactions professionally and confidentially.

How long will it take to prepare the finance documents?

At OCS, we understand that time is of the essence when applying for a loan, so we ensure our financing process is fast, simple, and easy. We can typically provide a credit decision within a few hours, and we streamline the process with electronic documents and an online notary. In most cases, we can offer same-day funding.

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.

What is better, a lease or a loan?

Both leases and loans have unique benefits. Leases are flexible and can be tailored to your business needs. The monthly lease payment is sometimes considered an operating expense and creates a line-item deduction against overall revenue. In other instances, an Equipment Finance Agreement (EFA) or loan is the best business decision. The EFA is depreciated and written off over the asset's useful life. Since every business is different , we recommend consulting with a qualified accountant to determine which option is most beneficial for your business.

Does OCS file blanket liens?

For most of our programs, we typically don't file a blanket lien ; instead, we use only the equipment you are financing as collateral. This allows us to file a UCC or a lien on that specific equipment alone.

How much can I borrow if I'm new in business?

We typically look for at least two years' time in business, but we welcome having a conversation about an owner's business plan, as every situation is unique. At OCS, we try to accommodate our customers' equipment needs, and we know that not all credit profiles are created equally. We encourage you to contact one of our finance professionals to discuss your needs today!

How can financing help me stay ahead of the curve?

By financing equipment, you can make purchases more often, staying on top of the latest technological advancements.

Can I finance soft costs?

Absolutely! We'll finance soft costs such as delivery, installation, setup, training, sales tax, and even software.

What types of collateral does OCS finance?

We finance a wide variety of collateral falling under the category of business essential equipment. If you need clarification on what constitutes business essential equipment, we encourage you to contact one of our Business Development Officers or Account Managers. As financing professionals, they can assist you with any questions and guide you to find the financing that best fits your needs.

How long can you finance used equipment?

One determining factor regarding how long you can finance used equipment depends on the equipment's age. There are a few different factors underwriting takes into consideration when determining the term length approved. The factors may include the applying company's credit profile, equipment type, value, and age of the equipment. The most common term restrictions involve logging equipment, tri-axle dump trucks, and semi-trucks older than five years.

How does equipment financing work?

Equipment financing differs from personal financing and is structured more similarly to a lease than a simple interest loan. With an equipment financing loan, each payment is subtracted from the gross contract balance, which is the sum of your monthly payments (including finance charges). Ask us about our discounted payoffs to understand monthly balances versus payoff amounts.

Why should I consider Oakmont Capital Services (OCS)?

We are here to help you get the necessary equipment to grow your business. We are experts specializing in equipment financing and working capital loans, allowing you to keep your line of credit open at your local bank. By using Oakmont Capital Services, part of the JA Mitsui Leasing Group family, as an additional financing source, you can maintain flexible financing options for your business.

Call (877) 701-2391

FAQs

Does OCS work with any of my competitors?
How long will it take to prepare the finance documents?
How hard is it to get an equipment loan?
What is better, a lease or a loan?
Does OCS file blanket liens?
How much can I borrow if I’m new in business?
How can financing help me stay ahead of the curve?
Can I finance soft costs?
What types of collateral does OCS finance?
How long can you finance used equipment?
How does equipment financing work?
Why should I consider Oakmont Capital Services (OCS)?

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

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!

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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FAQs

FAQs

FAQs

Does OCS work with any of my competitors?

How long will it take to prepare the finance documents?

How hard is it to get an equipment loan?

What is better, a lease or a loan?

Does OCS file blanket liens?

How much can I borrow if I’m new in business?

How can financing help me stay ahead of the curve?

Can I finance soft costs?

What types of collateral does OCS finance?

How long can you finance used equipment?

How does equipment financing work?

Why should I consider Oakmont Capital Services (OCS)?

Awards

Stay up-to-date on all things OCS

Stay up-to-date on all things OCS

Stay up-to-date on all things OCS

Let’s Make Things Happen

Contact Info