Equipment Financing
Equipment Financing
DeBerry Funding provides equipment financing solutions to help businesses acquire the equipment they need to grow and succeed. With flexible terms and competitive rates, DeBerry Funding is the go-to choice for businesses looking to finance their equipment needs.
✦ Approval Amounts: $20,000 - $5,000,000
✦ Term Length: 1 to 5 Years
✦ Minimum Credit Score: 580
✦ Annual Revenue Required: $360,000 ($30K per month)
✦ Time In Business: 1 Year
✦ Cost of Capital: Low/Medium 6%-35%
✦ Time to Approve: 1 to 2 Days (1-3 Days to Fund)
✦ Important Details:
✦ Approvals from 100%-200% of Average Monthly Sales​​
✦ Monthly Payments
✦ 60%-95% Financing
✦ Documents Required for Pre-Approval:
✦ Business Loan Application
✦ 4-6 Months of Business Bank Statements
✦ Copy of Equipment Invoice