1-888-300-1169

Everything You Need To Know About Equipment Financing

An equipment loan is financing that allows businesses to acquire the technology or machinery they require.

In general, the lender provides the company with funding to secure the equipment being purchased or leased, and the business pays the money back in monthly installments (with interest). The equipment may be used as collateral, which means that if the company fails to satisfy its repayment obligations, the equipment will be seized. The business owns the equipment as soon as the loan is paid in full.

Apply Now

All your equipment financed under one roof

  • This field is for validation purposes and should be left unchanged.

Note for transaction over $100,000 additional documentation may be required.
We will contact you directly with further information on what further documentation is needed.

How to apply

1

Fill out your loan application

Apply Now

2

We will contact you directly with further information on what further documentation is needed.

3

We transfer funds to the seller and you take posession of the equipment.

USDA Loans By OverFund Capital

What are USDA business loans?

USDA Business Loans, formally referred to as USDA Business and Industry loans, are business loans guaranteed by the U.S. Department of Agriculture (USDA). These loans are made to businesses in rural areas. A portion of the loan is guaranteed by the USDA. These loans are very similar to Small Business Administration (SBA) loans, but with a focus on promoting small businesses and creating jobs in rural communities.

  • Business conversion, enlargement, modernization, development, or repair
  • Commercial real estate purchase, development, or improvement
  • Machinery, equipment, supplies or inventory purchases and/or installation
  • Working capital
  • Integrated agriculture production or processing facilities
  • Debt refinancing when it improves cash flow and creates or saves jobs
  • Business acquisition when the loan will create or save jobs

REAP (Rural Energy for America Program) By OverFund Capital

The REAP Renewable Energy System Grant and Loan Guarantee program provides financial assistance to agriculture producers and rural small businesses to purchase, install, and construct renewable energy systems or energy efficiency improvements.

Funds may be used for the purchase, installation, and construction of renewable energy systems, such as:

  • Biomass (for example: biodiesel and ethanol, anaerobic digesters, and solid fuels)
  • Geothermal for electric generation or direct use
  • Hydropower below 30 megawatts
  • Hydrogen
  • Small and large wind generation
  • Small and large solar generation
  • Ocean (tidal, current, thermal) generation

Funds may also be used for the purchase, installation, and construction of energy efficiency improvements, such as:

  • High efficiency heating, ventilation, and air conditioning systems (HVAC)
  • Insulation
  • Lighting
  • Cooling or refrigeration units
  • Doors and windows
  • Electric, solar, or gravity pumps for sprinkler pivots
  • Switching from a diesel to electric irrigation motor
  • Replacement of energy-inefficient equipment

Giving Back

OverFund Capital is a proud partner of the Arbor Day Foundation. With your transaction, we plant a tree where it is most needed. We plant trees across the United States. When you arrange financing through OverFund Capital, a contribution is made in the name of your business.

You cared enough to purchase an electric vehicle and we at OverFund Capital believe that your generosity should be rewarded.

Want to Plant even more trees click here

Apply Now

All your equipment financed under one roof

  • This field is for validation purposes and should be left unchanged.

Copyright 2021 OverFund Capital | All Rights Reserved