Looking For Dependable Equipment Financing?
TrueNorth Equipment Finance is your trusted destination.
Equipment Line of Credit
Access funding whenever your business needs it.
When it’s time to acquire new or used equipment for your business, or to cover maintenance or repair costs for your current equipment, having fast access to sufficient funds is crucial. This enables you to make timely decisions and ensures that your business continues to operate smoothly with minimal or no downtime. With an equipment line of credit from TrueNorth Equipment Finance, you can access funds for these essential equipment investments and expenses as needed, helping you maintain your competitive edge in the market.
An equipment credit line offers convenience and flexibility. You can choose when to use your credit line and how much to withdraw, all within a predetermined credit limit. Once you repay the amount you’ve drawn, your available credit is replenished.
Equipment credit lines up to $10 million
Fast and easy online application
Competitive rates
Only pay for what you draw, plus interest
Minimum two years in business
Three months' business bank statements
Favorable payment history
Equipment Financing
Purchase business assets without the significant upfront expense.
If you’re in the market for new or used equipment, machinery, vehicles, technology, or other assets for your business, it’s wise not to tie up your cash in a large one-time purchase. Let TrueNorth Equipment Finance structure a flexible, budget-friendly equipment financing solution. By financing your equipment, you’ll incur minimal upfront costs and make predictable monthly payments, plus interest, over a set term. This approach allows you to obtain the equipment your business needs while preserving your cash flow for other operational expenses.
Once you have made all required payments in the equipment financing agreement, you will achieve full ownership of the equipment.
Application-only up to $500,000
Fast and easy online application
100% financing available, including soft costs
One-hour (or less) credit decisions
Competitive rates
Flexible repayment terms
Same-day funding is available
Minimum two years in business
Three months' business bank statements
Favorable payment history
Business in good standing
Equipment quote or invoice
Equipment Leasing
Preserve capital and stay current with technology.
TrueNorth Equipment Finance offers equipment leasing, which is similar to equipment financing in that you don’t pay everything upfront. The key difference is that once you finish making the monthly lease payments, you do not own the equipment. Equipment leasing can be advantageous if your goal is to avoid equipment obsolescence. For example, instead of purchasing a piece of machinery, you could lease it and replace it every few years, helping you maintain your competitive edge.
While you do not own the equipment after your lease term, TrueNorth Equipment Finance provides various end-of-lease options. You can purchase it at fair market value, return it, upgrade to newer equipment, or extend the lease.
Application-only up to $500,000
Fast and easy online application
100% financing available, including soft costs
One-hour (or less) credit decisions
Competitive rates
Flexible repayment terms
Same-day funding is available
Minimum two years in business
Three months' business bank statements
Favorable payment history
Business in good standing
Equipment quote or invoice
Get Started With a Free, No-Obligation Quote
Click the button below to access our equipment financing quote request form.
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