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Nations Equipment Finance

Avg. Rating: 5.0 (1 review)

Nations Equipment Finance was started in October 2010 with the intent of being a Non-Bank Direct Lender to Asset Heavy Middle Market Companies.  NEF was purchased by Solar Capital (NASDAQ: SLRC, SUNS) in 2017.

NEF provides Equipment based term loans and leases to established Middle Market Companies in the US and Canada.

Minimum Deal Size:  $2,000,000

Industries served: Manufacturing & industrial, Construction, Rail, Mining, Trucking, Oil & Gas, Marine, Aviation, Logging & Forestry, Buses.

  • TIME IN BUSINESS: Since 2010
  • # OF CUSTOMERS: Over 10,000
  • TOTAL FUNDED: 1.6 Billion+
  • LOANS OFFERED: Equipment Financing, Truck & Trailer Financing, Asset Based Lending, Collateral Loans, Capital Lease, True Lease/Tax Lease, Sale and Leaseback, Equipment Revolver, Term Loan, TRAC or Split TRAC Lease
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lmcclellan@nationsequipmentfinance.com 501 Merritt Seven
Call Center: Mon-Fri: 8AM-6PM EST
Support Offered:
  • Phone
  • Email
  • Payment Calculator
Availability: All of Canada & USA

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate 6%+ Amount $2 Million – $100 Million  Term 24 – 120 Months

Eligibility & Documents

Who is eligible

  • Revenue $25M+ (except specific industries, Bus, Equipment Rental, Air Charter, Crane…)

What you need to provide

  • Past 3 years P&L (management prep is fine)
  • Current Debt Schedule (management prep is fine)
  • Current Balance Sheet (management prep is fine)
  • Details on Equipment
  • PFS of company owners if owned by individuals

Repayment & Issuance

How fast can you get the money Over a week Funding method Directly to appropriate source How does repayment work Custom Structures

Frequently Asked Questions About Nations Equipment Finance

What is Nations Equipment Finance?

Nations Equipment Finance provides equipment financing assistance for new and used equipment for mid-market companies on amounts from $2 Million to $100 Million. They've been in business since October 2010 and are a non-bank direct lender to asset heavy middle market companies. If you're a business owner or manager of a Canadian or US medium to large sized business seeking an equipment finance then Nations Equipment Finance can help.

Is Nations Equipment Finance Safe?

Yes, Nations Equipment Finance is a reputable lender providing equipment based term loans and leases to established middle market companies in the US and Canada. They are owned by Solar Capital which is a publicly traded company on Nasdaq. They have served over 10,000 customers and have funded over $1.6 Billion to date.

What Products and Services Does Nations Equipment Finance Offer?

Nations Equipment Finance offers a wide range of equipment financing solutions including: Equipment Financing, Truck & Trailer Financing, Asset Based Lending, Collateral Loans, Capital Lease, True Lease/Tax Lease, Sale and Leaseback, Equipment Revolver, Term Loan, TRAC or Split TRAC Lease.

How Much Can I Borrow from Nations Equipment Finance?

You can borrow anywhere from $2 Million to $100 Million from Nations Equipment Finance.

What Is the Interest Rate on a Nations Equipment Finance Loan?

Nations Equipment Finance loans start at 6% and go up from there.

What Is the Term Length for Nations Equipment Finance Loans?

The term length on a Nations Equipment Finance loan ranges from 24 to 120 months.

How to Qualify for a Nations Equipment Finance Loan?

To qualify for a Nations Equipment Finance loan you need $25 Million+ in revenue, be in business for the past 3 years, provide your current debt schedule, a current balance sheet, details on existing equipment and the company owners.

Can I Apply Online for a Nations Equipment Finance Loan?

Yes, you can apply for a Nations Equipment Finance loan online on their website by clicking the application form.

How Fast Can I Get a Loan from Nations Equipment Finance?

Nations Equipment Finance offers fast approvals, that are often received within a few days, but due to the large loan amounts it will take over a week to get your loan funds.

How Will Nations Equipment Finance Send Me the Loan?

If you are approved for a Nations Equipment Finance loan then they will send it directly to the appropriate source to accept the funds, likely by direct deposit.

How Does Loan Repayment Work at Nations Equipment Finance?

You have some options in how you pay back your Nations Equipment Finance loan and all details will be confirmed during the approval process as they are able to customize a repayment plan.

Which Provinces Is Nations Equipment Finance Available in?

Nations Equipment Finance operates in all of Canada and the US.

What Kind of Customer Support Does Nations Equipment Finance Offer?

You can contact Nations Equipment Finance team directly by phone, email or check out their payment calculator online to learn more about your loan options.

What are Nations Equipment Finance Working Hours?

You can contact Nations Equipment from Monday to Friday from 8AM to 6PM EST.

Nations Equipment Finance Reviews

Avg. Rating: 5.0 (1 review)
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Helped me out

Nations helped us out on a large equipment transaction. They were very helpful during the entire process. Would recommend.

Taylor

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