National Business Capital & Services, a fintech firm that has helped tens of thousands of business owners secure over $1 billion in financing, announced its newest equipment financing program: the eQuickment Financing Product.
The eQuickment Financing Product has allowed National to expedite a previously painstaking approval process down to as little as an hour, resulting in the fastest equipment financing process on the market.
Joseph Camberato, the President of National Business Capital & Services, said he is excited to simplify and streamline the approval process for business owners in need of equipment financing.
"We are thrilled to introduce National's innovative new eQuickment Financing Product, which will allow small business owners to purchase equipment and pursue time-sensitive growth opportunities while they are active, rather than face bank rejections as they pass. The application, approval and funding process is streamlined to be faster and more convenient than ever before," he said.
Disrupting an antiquated process that took business owners weeks or months to receive approval, the eQuickment Financing Product will help business owners move at today's rapid pace with a modernized approach.
This new program will allow business owners seeking equipment capital to:
- Receive financing in as little as 48 hours
- Qualify for equipment financing up to $250,000 — only an application and minimum personal credit score of 600 is required for purchases $75,000 & under
- Finance 100 percent of the equipment cost, including deposits and taxes
- Verify equipment purchase through a virtual inspection, rather than an on-premise inspection
- Purchase equipment from the vendor of their choice.