Equipment as a revenue decision
Equipment financing lets a business acquire an asset now and pay for it from what the asset earns. The right question before applying is not whether you can afford the payment but whether the equipment produces enough extra revenue or saved cost to cover it. We fund $25,000 to $5,000,000, with funding in as little as 24 hours once the file is complete.
A city of machines
Wikipedia describes the city as a major center of the logistics industry in Southern California, helped by two interstate highways, Ontario International Airport and large tracts of former farmland in the south, with roughly seven square miles around Milliken Avenue holding massive distribution centers and smaller manufacturers. It adds that the city is home to a CMC Steel minimill, which Wikipedia calls the only producer of long steel in California, and that companies such as Coca-Cola, Frito-Lay and Amphastar Pharmaceuticals have a presence.
You do not have to be one of those names to be part of the equipment economy. The tool makers, repair shops, fleet operators and packaging suppliers that serve them depend on assets too.
Typical purchases and the arithmetic behind them
| Business | Purchase | What to test |
|---|---|---|
| Third-party warehouse or packaging firm | Forklifts, racking, labeling machine | More throughput, or just replacing aging gear? |
| Metal or plastics fabricator | Press, laser or CNC | Is there contract work waiting for the added capacity? |
| Local delivery or courier firm | Vans or box trucks | Does each vehicle fill with routes you already have? |
| Food or beverage maker | Filling or sealing line | Do orders already exceed hand capacity? |
For illustration only: a $85,000 machine that adds $12,000 of monthly revenue at 30% margin brings $3,600 of margin before its payment. Round numbers, not our terms.
Preparing the file
- A written quote with model, delivery date and installation cost.
- Your last three months of business bank statements; no tax returns are required.
- A sentence on whether the purchase replaces or adds capacity.
If the real need is materials and payroll rather than the asset, a line of credit or working capital may fit better.
Delivery and downtime
Ask the seller about lead time. A machine that arrives after the peak season has not helped this year. Also ask what installation and training will cost, so that a well-planned purchase does not create a squeeze in its first month.
Applying
The application takes 5 minutes with a soft credit pull. FICO 500 and above is considered and sole proprietors can apply. Apply here. Regional pages: Inland Empire and San Bernardino County.