Equipment trailers, enclosed trailers, dump trailers and specialized oilfield trailers move the gear that makes the money. They are titled, durable and simple to finance, alone or with the equipment they carry.
Subject to credit approval and documentation.
An EFA is typical. Landscapers can use seasonal structures; oilfield companies often match terms to contracts on approved deals.
| 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.
Our minimum is $10K, so smaller trailers are usually financed with other equipment on the same application.
Yes, including tank, flatbed and specialty trailers used in field services.
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.