Dock levelers, vehicle restraints, seals and doors keep shipping and receiving safe and efficient. Upgrades are often driven by safety requirements or growth in shipping volume.
Subject to credit approval and documentation.
Usually financed as part of a larger warehouse project on an EFA.
| 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.
Often, yes, with the landlord’s consent. We review the installation as part of the request.
Some installed equipment may be treated as a building improvement. Ask your tax advisor.
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.