Equipment Loans

Equipment Loans

A Westerra equipment loan provides buying power for your established business to purchase new or used equipment at competitive rates with flexible terms.  Utilizing your equipment as security for a loan will help you save money over other types of loans.  Plus, you’ll be able to utilize your cash flow where it is most efficient for your business.  Features include:

• Flexible loan terms up to 84 months helps to keep your payment affordable
• Fixed rate and payment means your payment and interest will not change
• Borrow up to 80% of new equipment value
• Borrow up to 50% of used equipment value
• No origination fee saves you money
• No prepayment penalty allows you to pay your loan off at your speed – without penalty.
• Save time by making payments through online business banking
• UCC filing in business name
• Minimum loan amount is $1,000
• Interest is usually tax-deductible. Consult your tax advisor.

Contact us to discuss your business today!
Find out more about how Westerra can help you and your business. Fill out the Business Services Request Form or call us at 303-321-4209.

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