Equipment commonly financed
Assets used in trades & field services
Examples include the equipment below. Eligibility depends on commercial use, transaction size, condition, seller and lender requirements.
- Service-body and utility trucks
- Cargo vans and upfitted work vans
- Enclosed and equipment trailers
- Generators, compressors and welders
- Lifts, cranes and material-handling equipment
- Drain, inspection and diagnostic equipment
- Shop machinery and fabrication tools
- Eligible commercial tool and technology packages
A complete work package can be more useful than one asset
Field-service purchases often combine a vehicle with shelving, a service body, a compressor, a crane or other installed equipment. Itemized vendor quotes help identify the permanent upfit and any eligible supporting assets.
Lenders also want to understand who will use the equipment and how it supports revenue. Trade experience, customer mix, service contracts and current workload can provide important context for a growing business.
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.