Equipment Financing Loans
Madison One CUSO loans enable you to purchase the critical equipment you need without settling for a massive monthly payment.
Free Up Cash Flow With a Government-Guaranteed Business Equipment Loan
Equipment is essential to your business—but it’s also one of your most significant expenses. If your manufacturing equipment breaks down or you need a new piece of mining machinery to grow your business, your only option is to finance. However, conventional lenders only offer short-term loans with monthly payments that consume most of your budget, and you can’t afford to limit cash flow.
Luckily, you have another option: a government-guaranteed equipment financing loan from Madison One CUSO. We offer over six types of SBA and USDA loans, and we can even mix and match with a conventional loan to create a customized financing solution for your business.
Though interest rates and loan amounts vary by loan type, Madison One CUSO can offer:
- Amortized loans without balloon payments
- Longer terms compared to conventional loans
- Competitive interest rates
Small Business Equipment Loans
The Small Business Administration (SBA) guarantees two loan programs for small businesses. You can use either program to finance an equipment lease or purchase as long as you meet eligibility requirements. A Madison One CUSO team member can help you determine if you may qualify for a small business loan.
- SBA 7(a) loans can finance any equipment critical to a company’s operations.
- SBA 504 loans offer funds to purchase assets that promote job creation and business growth.
USDA Equipment Financing Loans
The USDA offers several loan programs designed to stimulate rural development and support job creation.
- USDA B&I loans provide funding for rural projects, including equipment purchases.
- USDA Food Supply Chain loans allow food supply companies to finance machinery acquisitions, including IT systems.
- USDA REAP loans provide funds to buy or lease renewable energy systems and upgraded energy-efficient equipment.
- USDA 9003 loans enable biorefineries and biobased product manufacturing facilities to acquire new and emerging technologies.
Discover If You Qualify for a Commercial Equipment Loan
If you have searched for other equipment financing options and faced rejection after rejection, it’s time to see if a USDA or SBA loan is right for you. Speak with a Madison One CUSO expert today to see if you qualify for government-guaranteed funding.
We Offer Favorable Financing Options for Your Industry
At Madison One CUSO, we understand that businesses in capital-intensive industries can’t afford a huge monthly payment for their new machinery. Our team finds creative solutions to your funding challenges to ensure an equipment acquisition doesn’t limit your growth. We work closely with our credit union members to offer the most competitive interest rates over the longest loan term available, so you still have plenty of funding to invest in your business.
As a top USDA lender with decades of combined experience closing government loans, Madison One CUSO helps you make sense of your loan options while expediting the loan process. That means you can make the most informed decision and get your new equipment faster than if you partnered with a less experienced lender.
From industrial facilities and food manufacturers to medical offices and assisted living facilities, our team can help any business obtain the equipment financing loan they need to expand their operations.
Explore Our Recent Equipment Financing Loan Closings
Contact Our Equipment Financing Loan Experts
