With this program, we provide money to refinance or purchase a business.
And for qualified businesses of all sizes to grow by adding more equipment of almost any kind imaginable – or to continue operating by replacing old or outdated equipment with new.
And by the way, when I say nearly any kind of equipment I mean just that. It can be anything from office items like cubicles, computers, furniture . . . to trucks or transportation equipment . . . to construction equipment, restaurant equipment, medical or dental, machine tools, you name it . . . even computer software can be financed as “equipment” under these programs. (“Software only” guidelines allow up to $75K – like point of sale systems, medical office software, etc.). If it’s an item that helps a business operate and it’s not for re-sale, it’s probably an item that can be financed.