Manufacturing Equipment Financing

Are You Looking to Buy Manufacturing Equipment
and Need Financing?

We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States.

Commercial Fleet Financing understands that your manufacturing business depends on having the right specialized equipment. Yet your industry is always changing, and the equipment that’s critical to your production line today could be obsolete tomorrow.

As you try to forecast future demand to determine the right type and amount of equipment you need, you must also comply with regulations and navigate economic fluctuations that can upend the manufacturing industry.

At Commercial Fleet Financing, we provide manufacturing and industrial equipment financing solutions so you can enhance productivity, maintain quality, and optimize your workflow. Not only that, we also deliver exceptional customer service, competitive rates, and flexible terms.

Whether you’re steering robotic arms to construct new cars, operating welders to assemble metal parts, or using heavy machinery to process raw construction materials, with Commercial Fleet Financing you can expect industry-focused expertise that helps you keep your production line moving.

What Types of Manufacturing Equipment Do We Finance?

Your manufacturing equipment creates new products and strengthens our economy. Adding new equipment to your product line or replacing old machinery with updated technology helps you work more quickly and safely. Commercial Fleet Financing offers financing solutions for equipment including:

CNC Machines

These machines cut, drill, and mill various materials. Commercial Fleet Financing helps you determine your payment options if you purchased a new or used CNC machine.

Injection-Molding Machines

These machines inject molten plastic into a mold to create plastic parts. Let Commercial Fleet Financing discuss your equipment leasing options.

Industrial Robots

Robots can automate repetitive tasks, making your assembly line safer and more efficient. Learn how Commercial Fleet Financing has helped other manufacturing companies finance their equipment.

Metal Fabrication Equipment

This machinery can be used for laser cutting, shearing, and bending metal. With Commercial Fleet Financing’s innovative services, get the equipment you need to grow your business.

Large Industrial Ovens and Furnaces

When you need heat treatment processes like drying, curing, or tempering materials, you need industrial-level ovens and furnaces. A knowledgeable Commercial Fleet Financing advisor can help you to reduce your monthly payment obligations.

3D Printers

Used for prototyping, creating a small number of custom parts, and a nearly endless list of other applications, these machines are becoming increasingly popular among manufacturers. If you need new 3D printers, Commercial Fleet Financing can help you determine the financing option that’s right for you.

Cleanroom Equipment

This specialized machinery manufactures items in a sterile environment. Whether you manufacture electronics or healthcare equipment, Commercial Fleet Financing offers financing options that support your growth.

Food Processing Equipment

This equipment includes machinery for mixing, blending, cooking, or packaging food products. Commercial Fleet Financing works directly with you to determine what financing approach makes the most sense.

Printing Presses

These machines are used for high-volume printing of packaging materials, labels, or other products. Commercial Fleet Financing’s knowledgeable professionals can help you determine the financing solution that keeps your production line moving.

Material Handling Equipment

Forklifts, cranes, and conveyors transport materials around a manufacturing facility. Keep things moving with equipment finance support from Commercial Fleet Financing.

How Does Manufacturing Equipment Financing Work?

Commercial Fleet Financing has a smooth-running equipment financing process so your production line runs smoothly, too.

Application: Complete a simple online form or speak directly with one of our financing experts.
Review and Approval: Our financing specialists evaluate your credit history, business experience, and specific manufacturing equipment needs to make a decision.
Financing Options: We help you select financing solutions that align with your budget, business objectives, and manufacturing equipment requirements.
Funding: Once you choose your financing plan, we complete the necessary paperwork and typically secure your funds within 24 hours.
Ongoing Support: We answer your questions and provide solutions as your business evolves.

What Financing Options are Available for Manufacturing Equipment?

Leasing and loans are the two primary types of funding for manufacturing equipment financing. Here’s a closer look:

Loans

One way to acquire manufacturing equipment is with a loan. You borrow money from a lender, who reviews your business financials and creditworthiness to determine the loan amount, interest, and repayment terms. Typically, the equipment is the loan’s collateral. You repay the loan with interest over 2 to 7 years.

Benefits of a manufacturing equipment loan include:

Preserves Working Capital: Manufacturing equipment loans allow you to spread the cost of essential machinery over time, freeing up your working capital for other crucial business needs. This could include funding research and development, investing in marketing initiatives, or maintaining a healthy cash reserve for unexpected expenses.
Accelerates Equipment Acquisition: Compared to saving up for a large equipment purchase, equipment loans provide faster access to the machinery you need. With a loan, you can acquire the equipment quickly and minimize any disruptions to your production schedule.
Unlocks Potential Tax Advantages: You may be able to deduct the interest paid on the loan from your taxable income. The equipment itself can also be depreciated over its useful life, further reducing your tax burden.
Provides Ownership of the Equipment: Loans allow you to own the equipment outright once the loan is fully paid off, which gives you the full benefit of the equipment’s value over its lifespan. You can also modify or upgrade the equipment as needed and potentially increase the resale value of your business when the time comes.

Leases

With a lease option, you rent your manufacturing equipment, while making monthly payments, for 2-7 years. When your lease ends, you may return the equipment, purchase it at market value, or negotiate a lease extension.

Manufacturing equipment leases offer the following benefits:

Preserve Working Capital: Like with loans, equipment leases allow you to acquire essential machinery without a significant upfront investment. By leasing instead of buying, you can optimize your cash flow and invest in areas that directly contribute to your business growth.
Potential Tax Advantages: Lease payments may be considered operating expenses, allowing you to deduct the full amount from your taxable income. This can potentially lower your tax liability compared to owning equipment where you can only deduct depreciation over its useful life.
Easier Access to New Technology: Leases often have shorter terms compared to loan repayment periods, which allows you to upgrade to newer and more advanced equipment at the end of the lease term. Staying competitive with the latest technological advancements in your industry can be crucial for manufacturers who rely on cutting-edge equipment to remain efficient and produce high-quality products.
Mitigates Risk of Depreciation: Manufacturing equipment depreciates in value over time. With a lease, you avoid the risk of owning a depreciating asset. At the end of the lease, you can simply return the equipment and avoid the challenge of reselling potentially outdated machinery.

Why Finance Your Manufacturing Equipment with Commercial Fleet Financing?

Before making a significant investment, it’s important to consult an advisor who understands your industry. Since 1995, Commercial Fleet Financing has been assisting manufacturing businesses with financing solutions. With our support, you’ll benefit from:

Competitive Rates and Flexible Terms

We provide competitive rates, with flexible terms so you can access funds for your manufacturing equipment purchases.

Streamlined Application Process

Our application procedure is straightforward, with loan approvals typically occurring within 24 hours.

Transparent Pricing

At Commercial Fleet Financing, we use transparent pricing. There are no hidden fees or complex terms.

Exceptional Customer Service

Our team of knowledgeable professionals takes the time to understand your business needs. We support you at every step of your financing journey and continue to assist you as your business grows.

Choose Commercial Fleet Financing for your manufacturing equipment financing and discover the impact of our competitive rates, flexible terms, and dedication to customer service. Contact us today to enhance your production line.