Autonomous mobile robots (AMRs), robotic arms and goods-to-person systems automate picking, moving and palletizing. They can often be added in phases, which makes them more accessible than fixed automation.
Subject to credit approval and documentation.
A fair-market-value lease can suit fast-changing robotics; an EFA suits systems you will keep.
| Equipment finance agreement (EFA) | You own it from day one. Fixed payments; usually eligible for Section 179. |
|---|---|
| $1-buyout lease | Lease payments, then you buy it for $1. Treated much like an EFA for tax. |
| Fair-market-value (FMV) lease | Lower payments. Return, renew or buy at market value at the end. |
Time in business, business and owner credit, revenue, and the equipment’s details: make, model, year, serial number and condition. Requests above $1M also need financial statements.
Equipment bought with an EFA or $1-buyout lease and placed in service by December 31 may qualify for a first-year deduction. Estimate your tax savings.
Need cash for delivery, training, materials or the ramp-up? Add working capital to the same application.
Yes. Each phase can be financed as it deploys, subject to credit approval.
Buying with financing can cost less over time and lets you take depreciation; subscriptions include support. Compare total cost over the period you will use them.
LenderCloud finances equipment from $10,000 to $10 million. Requests up to $1 million can usually be decided on the application alone; larger requests need financial statements. All financing is subject to credit approval.