Explore the Flexibility of a 5/1 Adjustable-Rate Mortgage (ARM)
Looking for a starter home or want to refinance in a few years? A 5/1 Adjustable-Rate Mortgage lets you own now while keeping your future flexible. Learn how a 5/1 ARM could be the right fit for your goals by visiting our Home Loans & Mortgage page!
The right equipment is key to running your business smoothly and remaining competitive. Whether you’re looking to upgrade existing equipment, expand capabilities or add to your inventory, our lending team is ready to provide financial resources and lending expertise through our business equipment financing. With flexible options and personalized guidance, we’ll help you acquire the assets necessary to maximize your operation’s full potential.
At National Exchange Bank & Trust, we have the lending capabilities to provide access to the financial resources needed to acquire equipment and boost operational efficiency and production for businesses of all sizes. Our customized business equipment financing supports a variety of industries including agriculture, manufacturing, transportation and logistics, construction, healthcare, veterinary and more!
Get started today by connecting with one of our business lenders to find the right equipment financing solution for your unique needs.
National Exchange Bank & Trust is dedicated to our customers’ success and fostering long-term relationships. As an independent bank with big bank abilities, we offer business equipment financing with no geographic limits. No matter where you’re located, we have a lender ready to help. Connect with one of our business lenders today!
Most equipment used in a business can qualify for financing such as vehicles, production and construction equipment, and semi-trucks and trailers. If you have questions on whether your equipment will qualify, contact your local lender.
Yes, your startup can apply for an equipment loan to help get the tools you need to grow.
Yes, used equipment can be financed; however, terms and conditions will vary based upon the age and overall state of the equipment.
Down payments are typically required and can vary based on the specific details of the loan including things such as the age and condition of the equipment, collateral type, financial status, and the amount of the loan. In general, used equipment requires a higher down payment than new equipment. Contact your local lender to learn more.
A loan allows you to own the equipment after the term ends. A traditional lease lets you use the equipment for a set period without ownership. Sometimes at the end of a lease there is the option to buy the equipment. It is recommended that the option that is best for you be discussed with an accounting professional.
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