Did you know you could use your existing machinery and equipment to re-structure your current term loan and acquire new equipment? With a Machinery and Equipment Term Loan from Federal National Commercial Credit, you can easily do just that.

What is it?

A Machinery and Equipment Term Loan is a good option for leveraging the assets of the company in order to re-structure existing term loans or to acquire additional equipment. The term loan is typically secured by the asset that is being financed. A Machinery and Equipment Term Loan in addition to an Asset Based Line of Credit provides a comprehensive financing solution.

For companies seeking to expand or re-structure their current term loans, a Machinery and Equipment Term Loan provides a method to finance certain fixed assets of the company.

Who can benefit?

Companies who are seeking to refinance or borrow against their machinery and equipment or those that may be seeking to purchase new equipment can benefit from a Machinery and Equipment Loan. 

How does it work?

An on-site appraisal of the machinery and equipment will help to determine an appropriate value to establish the Term Loan amount. The loan will typically be amortized and repaid over a set period of time.

Get more information today on how a Machinery and Equipment Term Loan can help your business!

Reach us at (800) 523-0881 or info@federalnational.com and put Federal National Commercial Credit’s experience to work for you.

Facility Size

$200,000 - $2,000,000

Advance Rates

Up to 80% FLV

Subject to Appraisal

Rate & Fees

Interest Rate

Service Fee

Industries Include

Manufacturing

Wholesale

Distribution

Government