Equipment Financing

Purchase Equipment Without Dipping into Cash Reserves

FAST AND AFFORDABLE BUSINESS FINANCING:

Competitive industry rates
Flexible terms to fit your business
5-minute Application
Approval in as Little 24 Hours

MINIMUM BUSINESS REQUIREMENTS:

650 credit score
3+ years in business
Equipment Invoice

Truck/Vehicle Financing Currently Unavailable

Copyright 2021 • Kapitus • All Rights Reserved
Loans made in California are issued by Strategic Funding Source, Inc. dba Kapitus, pursuant to California Finance Lenders License No. 603-G807.

Inside or Outside of The Office – Any Equipment You Need

Whether your need a new tractor for your farm or a slew of laptops for your office, equipment financing may be right for you. Learn more in our Ultimate Guide to Equipment Financing in 2021.

Why Consider Equipment Financing?

Getting the equipment you need to remain competitive doesn’t have to be a nightmare. With a simple application process, competitive rates and monthly payment schedules and terms that extend through the life of the equipment, keeping your business moving forward has never been easier.

FINANCIAL HEALTH

Improve your business credit with on-time payments

Upgrade your equipment without disrupting cash flow

EASY QUALIFICATION

Qualify for up to $150,000 with a 650 FICO & 2 years in business

No time in business requirements with a 700+ FICO score

ADDITIONAL PERKS

Simple application and qualification process with quick access to funds.

Equipment financed or leased may qualify for the Section 179 Tax Deduction.

Equipment Financing – What You Need to Know

Every business needs high quality, modern equipment – without it, you wouldn’t be able to operate, let alone make a profit. But the huge cost of equipment and the prospect of dipping into your available capital has you feeling uneasy. With Kapitus Equipment Financing, there’s no need to put up with outdated and malfunctioning equipment. You can get financing up to the full cost of the equipment to cover equipment expenses – with no down payment requirement and flexible monthly payments – at the lowest rates in the industry. Whether you’re a construction company, a landscaper, a restaurant owner, or you work in the B2B services space, keeping your business running has never been easier with Kapitus equipment financing.

Do I Qualify for Equipment Financing

Qualifying for Kapitus Equipment Financing is easier than you think! Depending on the cost of the equipment you are looking to finance, all you have to do is meet time in business and FICO requirements (perfect credit not required!)

START-UP BUSINESSES

At this time Equipment Financing is only being offered to businesses established before March 2018.

ESTABLISHED BUSINESSES

650 FICO & 2 Years in business
No time in business requirements if FICO is 700+

How To Apply?

Applying for equipment financing from Kapitus is easy; and should only take you about 5-10 minutes total. Simply fill out our online application, upload your vendor invoice at the end of the application…and you’re all set! Once your package has been submitted, a Kapitus equipment finance specialist will be in touch with a decision or, when necessary, to learn more about your business. Upon approval, your finance specialist will work with you to establish a payment amount and plan that works best for your business.

Take Advantage of our App-Only program for financing under $150,000!
If your equipment cost and expenses are under $150,000, the only paperwork required is the completed application and the invoice from your equipment vendor. That’s it – no additional paperwork will be needed to qualify!

APPLY NOW

How it Works – Equipment Financing Simplified

1. Select the equipment you want to purchase for your business

2. Get Equipment Financing with Kapitus

3. Kapitus pays your vendor for the equipment

4. You take delivery of equipment from your vendor

6. You make payments to Kapitus

Who Should Use Equipment Financing?

Equipment financing can be used in virtually any industry, however there are some industries that utilize this more often than others. Here are the industries that most frequently use Kapitus equipment financing:

Medical/Dental Practices
Construction
Manufacturing
Agriculture
Transportation
Restaurants

1 We don’t need
your autobiography

Our app-only program is simple and requires minimal information – meaning no tax returns, no business plans, no debt equity ratios, no residential history. We’re financing your business equipment, not your personal life.

2 …Or
your limbs

Qualification doesn’t require cross collateral. The equipment you are looking to purchase is the only collateral needed for approval. So, rest assured that you can keep your house, your truck, and your arms and legs for yourself!

3 No Financial
Smoke & Mirrors

With Kapitus equipment financing, what you see is what you get. There are no hidden fees. Our fixed term rates mean you will see no rate adjustments (even if prime lending rates go up!); and there is no need to re-qualify for financing on an annual basis.

FAQs

Q: What is equipment financing?

A: Simply put, Kapitus Equipment Financing is a loan that you use to purchase business-related equipment. It allows business owners to purchase the equipment they require to keep their business running and successful without the need to pull from existing working capital.

Q: How is equipment financing different from a business loan?

A: Equipment financing is, actually, a type of business loan. Similar to the traditional business loans that you are used to seeing, Kapitus Equipment Financing has monthly payments that include interest and principal over a fixed term. With equipment financing, however, the full equipment cost is paid directly to the vendor/seller upfront.

Q: How is equipment financing different from equipment leasing?

A: While both equipment financing and equipment leasing can be used to acquire new equipment for your business, they do have some very distinct differences. The main difference between these two options is the ownership of the equipment. When you use equipment financing, you are purchasing the equipment from a vendor and you are, therefore, the owner of the equipment. With equipment leasing, however, you do not own the equipment outright. Instead, you are renting equipment through a leasing company for an agreed upon amount of time, with the option to purchase at the end of your lease agreement.

Q: What are the benefits of equipment leasing v. equipment financing?

A: Equipment Financing is a collateralized loan that allows you to purchase equipment for business use. There are many benefits to equipment financing, including:

Preserve existing working capital
Tax advantages through the Section 179 Tax Deduction*
Improve your credit score with timely payments

An equipment lease is, essentially, a rental agreement between an equipment vendor and a business, where you rent equipment from a vendor for a monthly payment. You do not own the equipment during the lease term (think along the lines of leasing a car for personal use – it’s just like that!). There are many benefits to equipment leasing, including:

Preserve existing cash flow
Permits regular upgrades to your equipment
Tax advantages through the Section 179 Tax Deduction*

* Always consult your tax advisor as to any tax advantages that may be available with equipment financing and leasing, as the tax code may change each year (or even mid-year) without notice.

Q: What types of equipment can I finance?

A: Kapitus equipment financing is not just for heavy machinery. In fact, you can finance almost any type of equipment, vehicle or software you need to run your business. Here are just some of the business equipment needs that you can get covered:

X-Ray Machines, Autoclaves, CAD/CAM Technology, Dental Treatment Units and more
Bull Dozers, wheel loaders, telehandlers, aerial platforms, trenchers, pavers and more
Solar Panels and HVAC Units
Commercial mowers, front-end tractors, loaders, back hoes, excavators and more
Forklifts, workbenches, flow racks, case sealers, conveyor belts and more
Office furniture
Trailers, delivery vans, company cars, food trucks,
Commercial ovens, freezers, refrigerators, grills, food processors and more

Q: Can I use the Section 179 tax deduction with equipment financing?

A: Section 179* of the tax code allows small businesses to deduct the full amount of the purchase price (up to certain limits) of general business equipment. This deduction allows you to substantially lower the amount that you pay for business equipment. You can see additional benefits when your new equipment is leased or financed using Section 179 qualified financing. To be eligible for this deduction, you must have purchased/ leased/financed your equipment and have it placed into service during the year in which you plan to take the deduction.

This use-it-or-lose-it write-off is a great incentive for businesses to purchase, finance or lease the business equipment they need. However, ever-changing federal and state tax laws and tax and stimulus acts can always affect Section 179, so it is critical to speak with your accountant PRIOR to a purchase to determine whether or not your equipment meets eligibility requirements for these tax benefits.

* Always consult your tax advisor as to any tax advantages that may be available with equipment financing and leasing, as the tax code may change each year (or even mid-year) without notice.

Resources – Understanding Equipment Financing

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The Ins and Outs of Equipment Leasing

Suppose you need expensive equipment to run or grow your business. If you pay cash for it, your employees’ paychecks would bounce.

Financing for Business Expansion

How do you find financing for business expansion, when the time is right?

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Small Business Loan Application Checklist | Updated for 2021

Building and running a small business is hard. It takes conviction, leadership, sound management and, every so often, a much-needed injection of financing.

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Loans for Dentists: When a Credit Card Won’t Cut It

If you’re one of the nearly 200,000 dentists in the U.S., building and maintaining a thriving practice is certainly a key goal.

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Everything You Need to Know About the Small Business Administration

As a small business owner, you’ve probably heard of the Small Business Administration (SBA) – in passing, at the very least.

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Can I Get Approved for the 7(a) Loan Programn

Any small business owner who spends time searching for small business loans–both through banks and online–has likely come across the SBA 7(a) loan program.

Equipment Financing

Get A Free Quote Today!

Why Consider Equipment Financing?

FINANCIAL HEALTH

EASY QUALIFICATION

ADDITIONAL PERKS

Equipment Financing – What You Need to Know

Do I Qualify for Equipment Financing

START-UP BUSINESSES

ESTABLISHED BUSINESSES

How To Apply?

How it Works – Equipment Financing Simplified

Who Should Use Equipment Financing?

1

We don’t need your autobiography

2

…Or your limbs

3

No Financial Smoke & Mirrors

FAQs

Resources – Understanding Equipment Financing

The Ins and Outs of Equipment Leasing

Financing for Business Expansion

Small Business Loan Application Checklist | Updated for 2021

Loans for Dentists: When a Credit Card Won’t Cut It

Everything You Need to Know About the Small Business Administration

Can I Get Approved for the 7(a) Loan Programn

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We don’t need
your autobiography

…Or
your limbs

No Financial
Smoke & Mirrors