Equipment Leases: Frequently Asked Questions

What will you finance?

Advantage+ finances most any kind of business equipment, including manufacturing machinery, office equipment, material handling equipment, computers, tractors, and trailers. We offer 100% financing and include soft costs such as sales tax, shipping, and installation.

What is the maximum and minimum amount that I can borrow?

We lend $2,000 to $200,000 to finance business equipment.

What are your rates?

Our rates vary depending on amount, term and credit, but rates are always competitive and usually substantially lower than credit cards’ and online lenders’. Use our payment calculator to see what your actual payments could be, or contact us for a free quote.

How long does the process take?

We normally complete our approval process within the day of receiving an application.

When is my first payment due?

Your first payment isn’t due until the month after your loan closes.

Advantage is a “direct lender.” What does that mean?

While most equipment finance companies are brokers or lenders that sell their contracts, we do not. Loans stay on our books from start to finish. This means more borrower flexibility, such as adding to or restructuring loans.

Can I pay my loan off early?

You can pay off your loan at any time without penalty, and you’ll only be responsible for your remaining principal balance.

We sell business equipment. Can you offer financing to our customers?

Yes. If your company sells new or used business equipment valued between $2,000 and $200,000, let Advantage+ personalize an equipment financing vendor program for you.

I have other questions.

And we are eager to meet you! Just call us at 800-949-7040, 8 a.m. – 5 p.m. Central Time, Monday – Friday, and a lively lovely person will quickly answer to greet and then connect you to the best representative for you. Or, if you prefer cyberspace, contact us here.