Top 10 Equipment Financing & Leasing Companies in Boston, MA

By evaluating the top 10 Boston, Massachusetts, business equipment financing companies, you can find the best option for you. And you need the best. A trustworthy and experienced financing and leasing company will take the stress and confusion out of the process. And they will also offer you financing options tailored to your needs, rather than a standard option.

At Charter Capital, we understand how important finding the right financing firm is. So we took the time to put together this list to help you in the decision-making process. Start at the top of this list and work your way down. We’re confident you’ll find the right company. It’s just a matter of making the call.

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1. CHARTER CAPITAL

BUSINESS STARTED: 1977

Since 1977, Charter Capital has delivered a smarter approach to equipment financing in Boston, Massachusetts. We customize our equipment financing structures to match your unique business needs. We don’t discriminate based on industry or company size. We’ve been in the business long enough to be able to work with any type of business.

We analyze your credit — and sometimes your financial condition — to best advise you on available financing options. Our high-quality customer service leaves customers happy, educated and satisfied. We hope you consider calling us when you need assistance.

SCHEDULE A CONSULTATION

Contact us today at 480-874-5402 or send an email.

2. BEACON HILL FUNDING

BUSINESS STARTED: N/A

Beacon Hill Funding offers a full range of business financing products tailored to small to medium-sized business owners. They finance all industries, from a large construction company in Boston to a small flower shop in California. Every lease or loan is set up to meet each client’s specific financing goals, making them a great choice for Boston small business financing.

Beacon Hill is always expanding its financing product line to keep up with the needs of our clients. Currently, the firm’s buying power ranges from $3,000 to $5,000,000, allowing them to handle small, medium and large ticket transactions. They are dedicated to offering their clients a competitive and straightforward product while providing quality customer service.

LOCATION

6 Eastman Place, Suite 103, Melrose, MA 02176

 
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3. UNIVERSAL FINANCE CORP

BUSINESS STARTED: N/A

When your business needs equipment financing fast, look no further than Universal Finance Corp. They offer a personalized approach backed by years of experience and equipment knowledge in the construction industry. Their decision to finance a new customer is done internally and is determined by the 3 C’s – Credit, Collateral & Character. As a direct lender, all final decisions are made “in-house.”

This advantage allows Universal Finance to offer fast, flexible financing options. Unlike a traditional bank, they see past the paper. The team deals with every customer personally. Whenever possible, they will travel to meet new customers to understand their operation better and inspect the equipment.

LOCATION

2 Linden Street Reading, MA 01867

4. US EQUITY FUNDING

BUSINESS STARTED: N/A

United States Equity Funding is the trusted financial partner for small and midsize business financing in the United States. They can also provide financing alternatives for Fortune 1000 companies and other publicly traded corporations. United States Equity Funding offers the advantage of a simple yet comprehensive approach for their clients and vendors.

All transactions are processed and evaluated in-house by their experienced team. Unlike many funding sources that only focus on a narrow range of credits, their risk-adjusted pricing model rewards not only the A credits but the B, C, and D credits as well. So, if obtaining equipment financing with bad credit is something you’re struggling to do, consider U.S. Equity Funding.

LOCATION

14th Floor Boston, MA 02210 U.S.A.

 
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5. BANK OF AMERICA

BUSINESS STARTED: 1988

Bank of America offers a wide range of Boston, MA equipment leasing and financing solutions to help you conserve capital and support your business objectives. Their construction industry specialists can work with you to choose and customize the financing options that fit your business. Also, you will receive specialized loans involving balloon or seasonal payments.

You can get financial services designed specifically for your business. They offer solutions for construction contractors, equipment distributors, rental companies, and construction equipment manufacturers. The bank does have baseline requirements before they work with a business. A business must be open for a minimum of 2 years and have a minimum of $250,000 annual revenue before applying for financing here.

LOCATION

6 Tremont St Boston, MA 02108

6. CLIPPER COMMERCIAL CAPITAL

BUSINESS STARTED: 2013

Clipper Commercial Capital (CCC) focuses on Boston, MA business equipment financing for start-ups and small businesses. When big banks and traditional lenders turn down businesses or offer lackluster financing terms, Clipper can help. With decades of experience in the financing and business development industry, the CCC owner is equipped with the skills and connections needed to give your business the funding it needs.

CCC professionals understand that many small business owners do not have the resources to explore all the avenues of financing options. This can lead to missed opportunities. Thanks to the network of lenders that Clipper Commercial Capital has cultivated, you can get connected with a range of alternative financing sources.

LOCATION

20 Waterside Rd, Marblehead, MA 01945

 
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7. BOSTON PRIVATE BANK

BUSINESS STARTED: 1983

Companies in the manufacturing, distribution and professional services industry can obtain financing through Boston Private Bank. With a focus on family-owned businesses, Boston Private brings high-quality service every step of the way. This includes listening to your needs and your business and working with you when challenges arise.

One of Boston Private Bank’s core values is community. Because of this, the financial institution offers loan options for businesses that participate in government-sponsored programs or employ low to moderate-income workers. With efficient options like the business loan express program, finding Boston, MA business equipment financing quickly is a possibility at Boston Private Bank.

LOCATION

500 Boylston St, Boston, MA 02116

8. UPS CAPITAL BUSINESS CREDIT

BUSINESS STARTED: 1924

When you think of UPS, you probably think of packaging and shipping services. However, the company offers much more. The Small Business Financing Program is provided by UPS in partnership with Kabbage Capital. Through this lender, a business can access a line of credit up to $250,000. Larger companies that have been in business for three years or more can access up to $1.5 million in financing.

With a focus on providing a simple and fast loan application process, UPS Capital Business Credit brings convenience to you. Additionally, there are no origination fees and prepayment penalties. So, if you’re searching for Boston small business financing, check out the options at UPS.

LOCATION

425 Day Hill Rd, Windsor, CT 06095

 
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9. U.S. SMALL BUSINESS ADMINISTRATION

BUSINESS STARTED: 1953

Another option for Boston small business financing comes courtesy of the U.S. Small Business Administration. While the organization is not a lender, it does offer helpful financial resources for small businesses in Boston. The SBA can connect you to local banks and lenders that provide small business loans. The loans are available to both new and established businesses that are interested in securing financing.

In addition to financing for small businesses, the organization also has programs to help minority-owned businesses and veterans. If your business is minority-owned, take advantage of the Minority Enterprise Development Program. If you are a veteran searching for Boston, MA business equipment financing, ask your local SBA about loan options.

LOCATION

10 Causeway St #265, Boston, MA 02222

10. BAY COLONY DEVELOPMENT CORP

BUSINESS STARTED: 1981

To energize economic growth and increase employment opportunities, Bay Colony Development Corp has provided over $2 million in quality loans to developing businesses in Massachusetts and surrounding states. Because BCDC is one of the longest standing certified development companies in the nation, they can provide large loans and expert advice.

Unlike certain banks and lenders that provide financing to businesses in specific industries, Bay Colony Development Corp is open to many companies. This means that corporations, proprietorships, limited liability companies, producers’ cooperative partnerships and other business ownership structures can qualify for financing.

LOCATION

230 3rd Ave 1st Floor, Waltham, MA 02451

 
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In Need of Financing? Trust the Boston, MA Business Equipment Financing Experts.

Interested in talking to an expert on equipment financing or need advice? 
Schedule a consultation or give us a call today at 480-874-5402.

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