Commercial Equipment Loans 1st Loans

Commercial Equipment Loans from 1^st National Bank

Whether you own a bakery and need to purchase a commercial oven, or maybe you are a dentist and need to purchase new dental chairs, you may need to take out a loan to cover the cost of the equipment and machinery. With so many different options available, it can be difficult to figure out where to get funding.

Benefits

Increase revenue

Latest technology

Capital preservation

Predictable monthly repayments

Tax benefits

Features

25-40% down payment

Maximum 5 year repayment program

Requirements

One (1) Piece of Identification e.g. valid Passport, National ID Card or valid Driver’s License

Proof of Address i.e. a Utility Bill, a Credit Card Statement, an existing Bank Account Statement from another financial institution, or an additional piece of Identification bearing the residential address. (These must not be in excess of 3 months old)

Job Letter or Reference Letter (not in excess of 3 months old)

Open Bill/Invoice

Down payment