Loans and Leases

Why work with Nationwide Equipment Funding?

Our connections to funding sources are unparalleled. With more than a decade of involvement with agricultural equipment, we know who is reliable and trustworthy - and who isn’t. We guide you to reputable lenders who are knowledgeable about all types of farm equipment financing.

We have what you’re looking for, including:

  • Easy application process
  • Quick turnaround time
  • Low down payments
  • Flexible payment structures
  • Competitive rates

To finance equipment you'll want to know exactly:

  • what your credit score is,
  • how long you have been in business,
  • debt to income ratio,
  • how much you have in assets,
  • what you have available to provide as collateral,
  • net operating capital (minimum revenue requirements)
  • the cash flow of the business
  • length of time the equipment is needed,
  • your tax situation,
  • your company's future capital needs related to future growth.

Factors that influence the price of your heavy equipment loan include:

  • The price of the equipment
  • Money down
  • The age of the equipment you're buying
  • Your personal and business credit history
  • How long you've been in business
  • Some types of leases allow for seasonal business fluctuations, lower monthly payments while a project is ramping up and revenue not yet being generated from the equipment and other specific circumstances your business may experience

Compare these factors to get your best loan:

  • Term of the agreement
  • Final funding amount paid to the vendor including taxes, freight, etc
  • Final Monthly payment including or excluding taxes
  • Number of payments or % down due up front
  • Fees such as doc fees and titling fees due up front
  • Buy out at the end of the agreement