Equipment Refinancing
Get the Funds you need through equipment refinancing.
Fast, flexible equipment refinancing to get your business the working capital it needs to thrive today.
Let's Check If You Qualify
Your Equipment Can Do More
Do you find your existing equipment loan to be a burden? It's time to consider Equipment Refinancing. Replace your old loan with a new one that offers better terms, giving your business breathing room.
Unlock Hidden Working Capital Now
Use the funds for new equipment, raw materials, real estate, building improvements, operations, marketing or R&D.
Accelerate Your Turnaround Recovery Time
Equipment refinancing can offer your business a significant injection of cash to leverage during a turnaround scenario.
Lower Monthly Payments On Assets
Restructuring your amortization schedule with equipment refinancing can often improve your monthly payment terms.
Fuel Growth While Retaining Equity
Equipment refinancing allows you to grow without giving up equity shares of your business.
What is Equipment Refinancing?
Equipment Refinancing is a way to access the value of long-term assets such as machinery or vehicles that a business owns1. By refinancing these assets, the business can get funds to raise capital, consolidate debt, or replace existing debt2. The equipment serves as collateral for the loan.
Equipment Refinancing is a
- Financing solution that uses your business existing assets as an advantage.
- Financial tool that turns long-term assets into immediate cash.
- Term loan with a fixed or variable interest rate and a repayment plan.
Use your assets to get the financing your business requires.
How Equipment Refinancing Works?
Apply Online
Complete our quick and simple online application form.
Get Approved
Once approved, we'll settle your existing loan and replace it with your new one.
Reap the Benefit
Enjoy lower payments or a better rate and put the savings back into your business.
Beyond the Loan
With the loan successfully refinanced, you can either settle it or consider future refinancing options as needed.
What Equipment Can You Refinance With OBC?
Our service covers equipment refinancing for various industries and equipment kinds. We have a deep understanding of the market for used equipment, which allows us to act fast and meet your funding requirements. We also accept specialized and older equipment that others might reject. We specialize in the following areas:
- TRACTOR TRAILERS
- SEMI-TRAILER TRUCKS
- MANUFACTURING EQUIPMENT
- HEAVY EQUIPMENT
- INDUSTRIAL EQUIPMENT
- CNC EQUIPMENT
- HEALTHCARE EQUIPMENT
- OIL & GAS EQUIPMENT
