Equipment Loans
As the core of CU Equipment Finance, our approach to equipment loan funding offers a straightforward and transparent alternative to traditional means. By acting as a trusted CUSO for our nationwide partners, we are able to offer credit unions the ability to offer businesses the same lending opportunities they are known for within the consumer realm. Acting as more than just a third-party lender, CU Equipment Finance acts as your advocate and ally in commercial equipment funding.
With flexible terms, affordable repayment plans and strategic production policies, we take the guesswork out of the transition from consumer to commercial lending. Protecting your bottom line is our top priority. Our team provides you with comprehensive administrative services and support to ensure we qualify only those commercial borrowers who can prove their financial stability. We only work with those who have been established as a business for more than five years and approve loans for essential-use equipment only.
Offering equipment loans from as little as $5,000 to upwards of $20 million, we make it easy for you to offer flexibility with repayment terms from 36 to 84 months.
We have supported thousands of businesses within the following industries:
- Business Technology — Funding the purchase of servers, software, hardware, POS systems, and recycling equipment.
- Healthcare — Expanding the use of cutting-edge medicine through imaging equipment, EMR, IT platforms, laboratory supplies, and diagnostic devices.
- Manufacturing — Increasing production through CNC and material handling equipment as well as storage and warehousing needs.
- Industrial Automation — Cutting costs by automating processes with software, conveyors, robotics, and vehicle fleets.
- Transportation — Funding the purchase of tractors, trailers, and other specialty fleet vehicles and equipment.
Discover the benefits of partnering with a CUSO that fully and completely understands the intricacies and details of the commercial equipment lending process by contacting the CU team now. We promise a prompt, knowledgeable response by a trustworthy lending professional.