FAQs

Your questions about TrueNorth Equipment Finance, answered.

TrueNorth Equipment Finance is a privately owned, non-bank lender that provides equipment financing solutions to qualifying businesses across the United States.

TrueNorth Equipment Finance offers equipment lines of credit up to $10 million, application-only equipment financing up to $500,000, and application-only equipment leasing up to $500,000.

TrueNorth Equipment Finance offers flexible qualifications for our equipment financing solutions. Our basic requirements include a good credit score, at least 2 years in business, 3 months of business bank statements, and a positive payment history.

You’ll be pleased to know that our criteria are designed to accommodate a variety of situations, including business owners with less-than-perfect credit scores. In fact, we have often approved applications from business owners who were denied equipment financing by their banks because they did not meet credit requirements.

You can easily apply for our equipment financing products online using our user-friendly application. The process is straightforward and designed to save you time, allowing you to submit the required information from the comfort of your home or office.

No. TrueNorth Equipment Finance does not require collateral for our equipment financing products.

Once we receive your equipment financing application, we will review it and contact you with a credit decision. If you apply during our regular hours—Monday through Friday, 7 a.m. to 4 p.m. PST—you can expect a credit decision within 1 hour. If you submit your application after hours, we will provide you with a credit decision on the next business day.

One advantage of choosing TrueNorth Equipment Finance for your business’s equipment financing needs is our fast turnaround times. Same-day funding is available for approved applications in certain amounts that are submitted during our regular hours. This is welcome news if your business needs essential equipment right away.

If you need to contact TrueNorth Equipment Finance for inquiries or support, call us at (657) 622-0368 during our regular hours, which are Monday through Friday, 7 a.m. to 4 p.m. PST. You can also visit our Contact Us page, which has a convenient contact form to submit your questions or concerns directly.

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