Holiday Closing - Columbus Day
Our offices will be closed Monday, October 13, for the federal holiday, Columbus Day.
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Business Equipment Loans for a wide range of industries
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.
Meet Our Business Lenders
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!
Business Loan inquiry form
FAQ's
What qualifies as equipment for financing?
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.
Can startups apply for an equipment loan?
Yes, your startup can apply for an equipment loan to help get the tools you need to grow.
Can you finance used equipment?
Yes, used equipment can be financed; however, terms and conditions will vary based upon the age and overall state of the equipment.
How much is a down payment on an equipment loan?
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.
What’s the difference between an equipment loan and a lease?
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.
