Commercial Equipment Loans 1st Loans
Commercial Equipment Loans from 1st 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