At OceanFirst Bank, we know growing a business takes hard work, dedication, and the capital equipment to keep your business productive, efficient, and competitive within your industry. That’s why we offer OceanFirst Equipment Finance. We can help make the cost of doing business more manageable with 100% financing and a suite of leasing and loan products that can be customized to meet your specific budget.
- 100% financing for new and used essential use equipment, plus related soft costs
- Application only from $25,000 up to $250,000 for fast credit decisions and processing
- Terms from 24-84 Months with longer terms and amortizations considered
- Single master agreement for current and future CapEx needs from your vendors, consolidated into one monthly payment
- Equipment guidance lines of credit established for projected CapEx needs up to 12 months to acquire equipment immediately
- Varied end-of-term options depending on the finance product selected
- Expeditious, streamlined documentation process
3 Key Reasons
Why 8 Out Of 10 Businesses Choose To Finance Equipment
- Conservation of Capital
- Because financing equipment does not require a large cash outlay, you’ll have the ability to conserve your cash for other business expenses.
- Better Budget Management
- Payments are fixed for the length of your agreement, making it easy to manage your company’s cashflow over the term of the finance contract.
- Up-To-Date Equipment
- Stay current and competitive with the newest and most efficient equipment at reduced costs that will help increase customer and employee satisfaction.