Kickstart Your Business With K&D Financial.
We connect business owners with funding options that perfectly fit their unique needs. By working directly with manufacturers, we ensure their customers receive the best financing solutions available in the market.
Ready To Move Your Business Forward?
New Equipment Today. Full Write-off This Year
Finance new or used equipment before December 31st to use Section 179 for a 100% tax deduction. Learn More
How Equipment Financing Loans Can Work for You
Having the right equipment can make or break your business. Sometimes you may not have the cash flow you need to upgrade crucial equipment or expand your operations and that’s where we come in. Our consultation for equipment financing can help your business secure the equipment you need to keep their business up and running.
Equipment Financing Options
Get up to $150,000 for equipment that’s critical for running your business Lease new or pre-owned equipment
Improve Efficiency
Help your business operations run smoother with new equipment and keep your working capital to fund other important parts of your business
No Limitations
Lease about any type of new or pre-owned equipment You decide what equipment your business really needs
Quick, Painless Process
Get funding fast so you can make important purchases quickly Flexible payment options are available
Why K&D?
We are the right term for your business. We have the expertise and knowledge to offer impartial advice and services at an honest price.
Simplicity
We believe in simplicity. The next step is always straightforward, and funding is always within reach!
Efficiency
Consistency
Qualifications for Equipment Financing
6 months in business
Fair to Excellent Credit
Equipment quote from a vendor
At K&D Financial We Bring the Best To You
Our Core Values
- Committed to delivering the best
- Honest and transparent services
- We care for your business just like ours
- Keep learning and adapting to new technologies
How To Apply
We listen to our client requirements and then select the right solution that fits. We care for your business as our own.
Frequently Asked Questions
What is equipment financing?
Equipment financing is a financial solution that allows businesses to acquire the necessary equipment without paying the full purchase price upfront. It involves a lender providing funds to purchase the equipment, and the business repays the amount, plus interest, over a specified period.
How does equipment financing work?
Equipment financing is a financial solution that allows businesses to acquire the necessary equipment without paying the full purchase price upfront. It involves a lender providing funds to purchase the equipment, and the business repays the amount, plus interest, over a specified period.
What types of equipment can be financed?
Equipment financing covers a wide range of business assets, including machinery, vehicles, technology, office equipment, medical devices, construction tools, and more. Essentially, any equipment crucial to business operations can typically be financed.
What are the benefits of equipment financing?
Equipment financing offers benefits such as preserving cash flow, tax advantages (like potential deductions), flexible repayment terms, avoiding equipment obsolescence, and enabling businesses to stay competitive with up-to-date technology and machinery.
What is the typical interest rate for equipment financing?
Interest rates for equipment financing vary based on factors like creditworthiness, down payment, loan term, and the lender. Rates typically range from 4% to 30%, and businesses with stronger credit profiles usually secure lower rates.
Are there any upfront costs or down payments required?
Yes, there might be upfront costs or a down payment depending on the lender and the financing terms. Some lenders may require a down payment, while others may finance the entire equipment cost. Upfront costs may include processing fees or a percentage of the equipment cost.
What are the repayment terms for equipment financing?
Repayment terms vary based on the lender and the equipment’s useful life. Terms usually range from 1 to 10+ years. Monthly, quarterly, or seasonal payments are common, offering flexibility to align with the business’s cash flow.
Is equipment financing available for startups or small businesses?
Yes, equipment financing is available for startups and small businesses. While approval and terms may vary, many lenders cater to startups and businesses with limited credit history by evaluating the business plan, cash flow projections, and the equipment’s value.
Can I upgrade or add equipment during the financing period?
Can I upgrade or add equipment during the financing period?
Depending on the financing agreement, you may have the flexibility to upgrade or add equipment during the financing period. Discuss upgrade options and their impact on the existing financing with your lender.
What happens at the end of the equipment financing term?
At the end of the financing term, you typically have options like purchasing the equipment (e.g., $1 buyout option), renewing the financing arrangement, returning the equipment, or negotiating a new agreement. Discuss these options with your lender to choose the best fit for your business.