Equipment commonly financed
Assets used in office & technology
Examples include the equipment below. Eligibility depends on commercial use, transaction size, condition, seller and lender requirements.
- Business computers and workstations
- Servers and storage systems
- Networking and telecommunications hardware
- Security and access-control systems
- Point-of-sale systems
- Commercial printing and production equipment
- Conference-room and collaboration systems
- Office furniture and workstations
- Eligible hardware and software bundles
Separate durable hardware from subscriptions and services
Technology quotes often mix hardware, licences, implementation, managed services and support. Lenders usually place the most weight on durable, identifiable equipment, so an itemized proposal is essential.
Rapid obsolescence can influence the available term. The useful life of the hardware, vendor quality, warranty, implementation plan and borrower’s existing operations all help determine whether the request is financeable.
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.