An equipment loan is a specific type of small-business loan used to buy equipment ... If the equipment has a short lifespan or you don’t plan on keeping it long, leasing might be the smarter ...

In addition to the SBA loan application form, personal financial information and business information, it can be helpful to have pricing quotes for the equipment you plan to purchase. If you ...

type of loan and type of equipment being purchased Documents a lender may require include business plan, multiple financial statements, personal and business tax statements and other legal ...

Equipment financing refers to a loan used to purchase business-related equipment ... In addition to credit score, lenders may require a business plan that describes your business and a detailed ...

equipment, and any raw materials required to run your business. The management team section is one of the most important sections in your business plan if you are applying for a loan. Your lender ...

This can be property, equipment, inventory or even receivables. If you don’t have any collateral, lenders may still approve a loan if you have a good credit history and a solid business plan.