*Commercial Equipment Loans
Equipment financing with a concierge experience.
Why Choose

Equipment Financing?

Equipment and technology are the lifeblood of business. Today, more than ever, efficiency, mechanization, and the equipment to stream line operations are utilized by small, nimble businesses to establish and maintain their advantage as they grow. Asterisk Funding helps businesses acquire the latest technologies, equipment and machinery at rates usually reserved for businesses and corporations with national and international reach.
Become Pre-Approved.

With a little information about your business and objectives, our consultants can help you determine which equipment financing solution is the right for your business.

Leverage Equipment Financing

Getting the right equipment financing can be complex. Should you lease or own? Select a short term loan, or a long term low down payment SBA loan?

Custom Tailored Equipment Financing

Asterisk has a couple of components to our “secret sauce” for small businesses.  One is our dedication to finding the right solution for your needs, rather than selling you on a one-size-fits-all product.  The truth is that there’s a broad variety of financial vehicles available to support your acquisition of new equipment.  From fast to fund short term loans,, to leasing solutions with a purchase option, to low down payment SBA loans, we are always advocating for the right solution for your unique needs.

Another key ingedient in the Asterisk recipe is building the right relationships to get  you the best rates. Even though certain loan products are regulated in terms of rates, there are many options to choose from, including variable rates that could get your business in trouble as the prime rate climbs. Not only do we build the relationships that help borrowers get the best rates, but our hands-on approach creates a concierge experience that preempts challenges and ushers your application through the process to close.

Loan Options
There are many options in terms of equipment financing:

SBA-backed loans – The SBA allows equipment financing in programs from micro-loans to 7(a) and 504 loan products. These are often the lower interest rate options in the market, but require far more detail than other loan products.

Private Loans – Private lenders like equipment financing because it is relatively short-term and it is leveraged against the asset being purchased. While interest rates are higher than SBA-backed loans, they close quickly, allowing you to take access and put your new equipment to work.

Equipment lease – this is a sound option for any business whose technologies are evolving quickly with a subsequent exponential rate of depreciation or obsolescence. It’s also a good option for businesses that want to “try before they buy” with a reduced risk of buyer’s remorse.

Equipment sale-leaseback – Businesses that are recapitalizing their businesses and looking for opportunities to expense write-offs can benefit from equipment sale-leaseback. With this model, you sell equipment you already own to a leasing company that provides an infusion of capital in exchange for reasonable monthly payments. The lessor becomes responsible for maintenance and repairs, and you keep the equipment, but with far more even costs, plus the capital necessary for your next endeavor.

How We Are Different
Industry professionals know that 80% of commercial loans are denied, and with the added criteria and regulation of SBA funds, it’s hard for businesses to reach approval. That leaves most businesses seeking SBA funds for equipment in a tough spot. If they want the rates and long terms, they need to allocate dollars to internal team members to crunch the numbers and complete the process.

Most SBA lending institutions too often take a hands-off approach, which slows down the process because it puts the entire responsibility for documentation on the borrower. For many businesses it seems to make more sense to accept higher rates for a simple process and a faster close.

Our approach is different.

  • We process upfront – As you submit documentation we assess, providing the feedback necessary to assemble a comprehensive package
  • We increase approval rates – Because of our approach to documentation, we lower red flags before the application goes in.
  • We negotiate on your behalf – Because there are a variety of criteria that determine the overall structure of each loan, we balance the deal structure to support your goals.
  • We accelerate the time to close – With fewer concerns and barriers at the time of application, we reduce the amount of additional inquiry following loan application.
  • We answer questions and follow up – After a deal closes, our team is available to provide support toward structuring successful future deals.

Because of our diverse approach, we provide the options available to you and we facilitate the deal, no matter what kind of financing you choose. For those seeking SBA loans, we guide borrowers through the process, shortening the time from application to approval, and helping you get the right rates at the right time.

Equipment For Any Industry

Medical

Clinics and care providers need the latest technologies, especially when it comes to on-site imaging and testing. With fixed rates and extended repayment terms, financing through Asterisk Funding can help your office meet an exceptional standard for patient care.

Industrial

Construction, manufacturing and last-mile logistics are experiencing a new golden era. But the winners are those with the right equipment to cut time, cost, and error as close to zero as possible. Today, access to the right equipment can make or break a company’s success.

Recreational

Hotels, resorts, fitness centers and action sports businesses rely on high quality, safe, reliable equipment to help guests and customers have an exceptional time. From jet skis to off-roading, climbing, hunting and more, Asterisk helps companies access what they need at exceptional rates.
A Simple Process

We make the journey from application to funding quick and easy.

1: Apply

It all starts with a short online application.  Within 5 minutes you'll provide our team with all the information needed to unlock your best financing options.

2: Consultation

Our team will reach out and walk you through available options. Then we'll hold your hand through each step in the underwriting process.

3: Funding

Once underwriting is completed, the loan closes. You receive the funds deposited directly into your company's bank account.

We’re your advocates.
Our mission is to help you access the capital you need to grow.  With this philosophy, we don’t advocate for a one-size-fits-all financing solution. Instead, we create custom financing packages tailored to each client’s unique needs.

This flexible approach gets you the best results and the lowest cost of capital. To execute in this way, we first need to understand your business, your big opportunities, and the challeges you face. From there, we can leverage our decade of commercial funding experience and our network of hundreds of lenders to source the best options for you. And it all starts with a conversation.

Asterisk Funding
Get in Touch

Our team is here to help you access the capital you need to grow.