Equipment commonly financed
Assets used in industrial & manufacturing
Examples include the equipment below. Eligibility depends on commercial use, transaction size, condition, seller and lender requirements.
- CNC mills, lathes and machining centres
- Laser, plasma and waterjet cutters
- Press brakes, shears and forming equipment
- Welding and fabrication systems
- Compressors and plant air equipment
- Forklifts and material-handling equipment
- Packaging and labelling lines
- Robotics and industrial automation
- Production, inspection and shop machinery
Plan for delivery, installation and the path to production
Industrial projects can involve deposits, international suppliers, rigging, electrical work, software and commissioning. Not every soft cost is financeable, so separate the machine, permanent accessories, installation and services on the quote.
For used machinery, model, serial number, age, operating condition, controls, tooling and value support are important. A specialized asset should also have a clear role in the borrower’s existing business rather than relying only on projected demand.
Qualification is transaction-specific. Merrit Capital does not promise approval, rates, down payment, term or funding time before a lender has reviewed the borrower, asset and documents.