FAQs
You Probably Have a Million Questions. We Can Help.
Financing can raise a lot of questions, especially when every business has different needs, goals, and financial circumstances. To make the process easier, we’ve compiled answers to some of the most frequently asked questions about equipment financing and working capital. Whether you’re a business owner looking to purchase new equipment, upgrade existing assets, preserve cash flow, or secure additional funds for everyday operating expenses, this section is designed to help you better understand your available options.
We’ve also included helpful information for equipment vendors who want to offer financing to their customers. Providing flexible financing options can make purchases more accessible, reduce common sales objections, and help create a smoother experience for both your team and your buyers. While we’ve done our best to address the most common questions, every situation is unique. If you have a specific question or need personalized assistance, please do not hesitate to call the Envision Capital Group office. Our team will be happy to help.
Frequently Asked Questions
What impacts my interest rate?
Rates vary by term, transaction size, creditworthiness, the asset being financed, market conditions, and other factors we can discuss with you.
Do you offer vendor financing?
Yes, we do. Click here to learn more about Vendor 360Ëš.
Do you work with small businesses?
Yes, we enjoy partnering with small businesses. Our customer base is filled with companies between 1 and 65 employees.
Is your financing Section 179 friendly?
Yes, you can utilize Section 179, allowing you to take advantage of this generous business equipment tax deduction. Use it – your accountant will be very pleased!
Once I apply, how fast is your approval process?
It takes about 24 hours for the approval – we take our time to get you the best rate and term possible (our customers like this). Be sure to ask us about pre-funding your transaction!
What are your credit requirements?
Our typical business customers are established (2+ years) companies with favorable credit. Our credit requirements are based on many factors, including time in business, the credit history of the business and owners, current utilization of debt, collateral, industry, D&B report, and other factors.
We talk with business owners daily who think they cannot get approved. However, we can get tough deals approved with our expertise and established banking relationships!
Does ECG have good reviews?
Yes! Over 190 to be exact, with an average rating of 4.5. We cannot find an equipment finance company with better reviews, and we are very proud of this. Customer service and satisfaction is our #1 priority! Click here to see our A+ rating with the BBB.
Do you offer financing for startups? What about bad credit?
We do have many potential financing solutions for startups. Each business is different, so please call us to discuss your needs.
Bad credit can be challenging; however, we consider all applications. We want to help, and if we can get you approved, we will!
Do you provide financing for the entire transaction, plus soft costs?
Yes, we can finance the entire transaction plus soft costs, including shipping, tax, and even training (if needed).
Will my personal credit be affected by an “inquiry” when I apply?
This can happen; however, soft pulls are sometimes an option. Please call us to discuss this further.
Have questions? Let’s talk.
Please complete our inquiry form, or simply call our office for assistance at 888-779-6989. Thank you.
Contact Details
Envision Capital Group LLC
29982 Ivy Glenn Drive, 1st Floor
Laguna Niguel, CA 92677
P: 888.779.6989
F: 888.779.6987