Equipment Financing

Equipment Financing

We understand that having the right equipment in place is critical to your business’s growth. Evolve Capital Group provides tailored financing solutions to meet your business’s needs including a wide variety of leases and loan products ranging from $5,000 – $5,000,000. Preserve your company’s cash and make fixed monthly payments over a term. Our simplified application and approval process will provide you a credit decision in as little as one business day.

Program Highlights

  • Get up to $250,000 with a one page application
  • Get up to $5,000,000 with full financials
  • All credit scores considered
  • Competitive fixed rates

Advantages of Leasing

  • 100% financing including software and all soft costs
  • Frees up bank lines and working capital
  • Low fixed monthly payments helps with cash flow and budgeting
  • Avoids equipment obsolescence
  • Section 179 tax benefits
  • Balance Sheet Management
Types of Leases

– Title passes to lessee at the end of term

– Set bargain purchase

– Lessee keeps the depreciation benefits

– Off balance sheet treatment under FASB 13 guidelines

– Lessee can choose to return the equipment

– Typically provides the lowest monthly payment compared to other financing options

– Lessee has ownership of the equipment during and after the lease

– Allows lessee the option to purchase, renew, or extend the lease

– Preferred option for rapidly depreciating assets

– Provides for lower monthly payments compared to traditional financing

– If you have recently paid cash for equipment, ECG can reimburse you the funds and convert that purchase into a lease with fixed monthly payments.