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  2. Where can I get an equipment loan? - AOL

    www.aol.com/finance/where-equipment-loan...

    Lender. Loan amounts. Repayment terms. Key features. Bank of America. From $25,000. Up to 5 years. Rates as low as 7.00%. 2 years in business required. U.S. Bank

  3. Types of equipment financing - AOL

    www.aol.com/finance/types-equipment-financing...

    Bankrate insight. The SBA weekly lending report details SBA loan approvals. As of March 2024 for the 2024 fiscal year, the SBA has approved over 28,370 7(a) loans, totaling more than $12 billion ...

  4. What is an equipment loan and how does it work? - AOL

    www.aol.com/finance/equipment-loan-does...

    Equipment financing usually comes with a fixed interest rate and a requirement that you make periodic payments to repay the loan. Usually, the loan term falls somewhere between three and 10 years.

  5. How to get an equipment loan - AOL

    www.aol.com/finance/equipment-loan-181004367.html

    Loan amount: The loan amount varies by lender, but expect it to cover between 80 and 125 percent of the equipment’s cost. Down payment: An equipment loan may require a down payment between 10 ...

  6. How to get a fast business loan - AOL

    www.aol.com/finance/fast-business-loan-191930441...

    Equipment loan. 1 business day. $10,000 to $500,000. SMB Compass. Line of credit. ... Factor rates: Common for loans like merchant cash advances, these rates are expressed as decimals.

  7. What documents are required to apply for an equipment loan? - AOL

    www.aol.com/finance/documents-required-apply...

    What is the interest rate for equipment finance loan?Interest rates for equipment loans can range anywhere from 4.99 percent to 35 percent, though the exact rates depend on your business credit ...

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