Commercial Equipment Financing Rates

Maybank offers hire purchase facilities for a wide range of machinery and equipment as well as commercial vehicles to enhance your business capabilities.

Commercial equipment financing rates.

This being said the repayment terms on equipment financing are usually five to six years although some lenders may offer longer terms up to 10 years. Control your costs with competitive interest rates. To assist you in your planning we are pleased to provide you with a loan repayment schedule for your commercial vehicle or machinery equipment financing needs. Loans from 25 000 get the equipment.

Equipment loans are available for amounts of 25 000 and up no maximum on a wide range of equipment types and commercial vehicles greater than 2 5 tons. When you finance equipment there are two ways in which to do this either through a capital equipment loan or through a lease. Capital equipment loans are typically loans from banks and or finance companies led to a company for the purpose of acquiring. Lock in a low lease payment with agdirect s special lease residuals.

Special pro put and fpo residuals on new and used grain carts dump carts forage wagons dump wagons tillage equipment and heads cornheads drapers platforms. Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20. 5 of the amount financed. Insert a range of interest rates to demonstrate the effect on the payment or loan.

Why choose dbs equipment financing. Borrow as much as 90 of the value for up to seven years. Equipment financing loans. Buy the equipment you need to grow your business with minimal upfront capital.

Finance the cost of your equipment and commercial vehicles through dbs equipment financing facility. Interest rates for equipment financing. Equipment financing average costs. For more details visit any of our uob branches or request a callback from us.

Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located. With our attractive interest rates and flexible repayment period you can now acquire the machinery and equipment you need for your business while better managing your cash flow. Special pro and put residuals on new and late model used 2015 or newer combines for a limited time only. The two primary means capital equipment loans.

Under this financing arrangement the bank will pay the vendor directly for your purchase and amortise the loan over a period of up to 8 years to ease your cashflow. For this reason businesses with subpar credit or less than two years in business can access the three advantages mentioned above. With equipment financing the equipment acts as collateral.