FAQs
From structuring equipment financing solutions to providing customer support, learn how Martin Capital Solutions works.
We are a non-bank provider specializing in equipment financing solutions. Our expertise and ability to work with various credit profiles make us an excellent partner for businesses seeking equipment lines of credit and capital to finance or lease equipment.
We offer equipment lines of credit, equipment financing, and equipment leasing to qualifying businesses nationwide.
Martin Capital Solutions structures equipment lines of credit up to $10 million, application-only equipment financing up to $500,000, and application-only equipment leasing up to $500,000.
With equipment financing, also known as an equipment loan, you borrow capital to purchase equipment. Once you pay off the equipment loan through monthly payments over a set term, you own the equipment outright. With equipment leasing, you acquire equipment for a set time frame through monthly payments. Once your lease term is up, you don’t own the equipment. However, there are end-of-lease options available that you can discuss with your Martin Capital Solutions account manager.
An equipment line of credit from Martin Capital Solutions can be used to purchase equipment and cover soft costs like delivery, installation, and training. It can also be used to pay for equipment maintenance and repairs.
Yes. We can provide funding to finance or lease many types of used equipment.
The rates will vary based on several factors, including credit score, revenue, and time in business. As a non-bank lender, Martin Capital Solutions has some of the most competitive rates in the equipment financing industry.
One key advantage of selecting Martin Capital Solutions is our flexible qualification criteria, which are designed to accommodate a wide range of credit profiles. Unlike banks that may require near-perfect credit scores for approval, we focus on evaluating your overall business potential and financial situation.
No, we do not have any collateral requirements for our equipment financing products. This means you can secure financing without providing any assets as collateral.
Martin Capital Solutions uses advanced lending technology to expedite funding for approved applications quickly. We can even provide same-day funding for specific transaction amounts during our regular hours.