Ways to Use It

When something breaks, fix it today

A dead compressor, a busted truck, an oven that won’t heat. Every day it’s down costs you money. Your line of credit gets it fixed or replaced without draining your account.

  • Cover repairs the day they happen
  • Replace equipment without a separate loan
  • No collateral required
Funding Form
    What do you need the funding for?
    Funding Purpose
    Mechanic working on a car engine
    How it helps

    Downtime costs more than the repair

    Equipment never breaks at a convenient time. When it goes, you either find the money fast or you lose work while you wait.

    With a line already in place, you draw what the repair or replacement costs and get back to work. You don’t have to apply for a new loan every time something wears out, and nothing you own has to be pledged.

    Owners use it to

    • Repair or replace trucks, vans and trailers
    • Fix kitchen equipment, coolers and HVAC units
    • Upgrade tools and machines that slow the crew down
    • Buy used equipment when a good deal comes up
    Who Qualifies

    The basics we look for

    If your business checks these boxes, it’s worth a few minutes to apply.

    We look at how your business is actually doing, mostly through your recent bank statements. Your credit score matters less here than it does at a bank.

    • Time in business6 months or more
    • Monthly revenue$15,000 or more
    • Business bank accountRecent statements
    • LocationU.S.-based business
    • CollateralNot required
    Questions

    Questions owners ask

    Is this the same as equipment financing?

    Not exactly. Equipment financing is a loan tied to one specific piece of equipment. A line of credit is flexible money you can use for repairs, replacements or anything else the business needs.

    Do I have to put the equipment up as collateral?

    No. We don’t require collateral.

    Can I buy used equipment with it?

    Yes. Since it’s working capital, you can buy new or used, from a dealer or a private seller.

    Mechanic working in an auto repair garage

    See what your business qualifies for

    Tell us what you need the money for and how much. A funding advisor will follow up with real numbers, usually the same day.

    Call UsApply Now