What is a Bad Credit Business Equipment Loan?

Similar to a traditional Business Equipment Loan, you can use this to purchase business equipment like trucks & yellow goods. However, unlike the traditional one, this loan is specifically designed for people with bad credit.

Increase business productivity with the right equipment even on bad credit.

Running a business is challenging, especially if you’re lacking the right tools & have difficulty purchasing them. That’s why here at Finley Finance, we strive to help business owners with bad or poor credit secure funding. If you identify with any of the following, we could help even if you’ve been declined elsewhere.

  • Discharged bankrupts
  • People with defaults
  • Businesses with poor credit situation
  • New businesses with low credit

Getting loan approval with bad credit? Finley Finance could make it happen!

As we work towards our goal of securing you a low rate truck finance package or any other Bad Credit Business Equipment Loan, we recommend doing the following.

EVALUATING YOUR FINANCES

With the assistance of your Finley Finance Specialist, go over your financial statements & credit history. As a business owner, you may have already done this so good for you. On that, be honest about your situation. If it’s bad, it’s bad. That’s okay. That’s why we’re here to help.

SETTLING OTHER FINANCIAL OBLIGATIONS & SAVING WHAT YOU CAN

Pay any existing debts (if possible) & save as much as you can. Doing these will show lenders that you’re taking steps to improve your financial situation.

Why Finley Finance?

BEING FINANCE BROKERS IS SECOND NATURE TO US

We strive to broker terms that work best for all of our clients. Think reasonable rate truck finance or one for yellow goods along with fixed repayments. From those needing personal loans to business equipment financing, bad credit or good credit holders, we make sure we do our best for everyone. We make this possible through our years of experience along with a deep understanding of your needs & circumstances.

WE PARTNER WITH MULTIPLE LENDERS

Here’s a fact: Not all lenders offer commercial vehicle loans for new business owners or those with bad or poor credit rating. That’s why we partner with multiple lenders both bank & non-bank. By doing so, we could increase your chances of getting approved. So, whether you need bad or poor credit equipment financing or new business vehicle finance, we have the highest chance of providing you with the best options.

WE FOCUS ON YOU

Working as your ally in finance, we make sure to focus on YOU & your needs whether you need new business vehicle finance or poor credit equipment financing. From the moment you enquire, a dedicated Finance Specialist will be with you.

Led by them, we’ll compare our partner lenders’ commercial vehicle loans for new business owners or bad credit holders. Then as we’ve mentioned above, we’ll strive to broker terms that work best for you to make your repayments more manageable. This, in turn, could help improve your credit rating provided that you pay on time. To give you an idea of what your repayments may be, you can use our Loan Calculator.

Then once you’ve selected the best option for you, we’ll help you with the application as well. We’ll assist you with the documentation needed then apply with the lender on your behalf. On this, we endeavour to secure approval in the quickest time possible by applying industry best practice & with our in-depth market knowledge. We’ll make sure you’re aware of the progress by giving you regular updates during the entire process.

Note: Loan terms may differ depending on the assessment of a person’s financial profile.

WANT TO GET A QUOTE FOR YOUR SPECIFIC NEEDS? SURE!

Just call us at 1234 567 890 to get a personalised quote. You can also hit the button below for a quicker way. Together, let’s strive to not only secure the Bad Credit Business Equipment Loan you need but also improve your credit rating.