Bad credit isn't always a deal-killer when you need to lease equipment for your business.

1. Financing Equipment
With Bad Credit

2. Most lenders want borrowers to
have personal credit scores above
650 in order to finance or lease
equipment

3. BUT
There are still options when your
credit isn't perfect

4. Many private lenders exist that will
help businesses finance equipment
(even with low credit scores)

5. Sometimes, lenders need to
strengthen the deal to offset risk

6. Some Ways to Get Very Tough Deals
Done:

7. Some Ways to Get Very Tough Deals
Done:
Get a Cosigner

8. Some Ways to Get Very Tough Deals
Done:
Get a Cosigner
Make a Large Down Payment

9. Some Ways to Get Very Tough Deals
Done:
Get a Cosigner
Make a Large Down Payment
Offer Collateral

10. "Hard Equipment" Like Trucks or
Heavy Machinery is Easier to
Finance With Bad Credit

11. We do work with specialty lenders
that will consider any credit score
for heavy equipment, even with low
down payments

12. However, very risky deals will have
much higher payments than low-
risk deals