Top 10 Equipment Financing & Leasing Companies in Philadelphia, PA
Evaluating the top 10 equipment financing and leasing companies in Philadelphia, Pennsylvania, reveals the best option for you—and you need the best. You need a financing and leasing provider who is trustworthy and reputable, someone who looks at your specific situation and delivers the assistance you need to make your goals happen.
We understand how important that is and have put together this list to help you in the decision-making process. Start at the top of this list and work your way down. Whether you’re looking for a small business equipment loan or a loan of a larger scale, we’re confident you’ll find the right company. It’s just a matter of making the call.
1. CHARTER CAPITAL
BUSINESS STARTED: 1977
Since 1977, Charter Capital has delivered a smarter approach to equipment financing in Philadelphia, Pennsylvania. 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.
Contact us today at 480-874-5402 or send an email.
Industries Charter Capital Serves:
- RENTAL BUSINESS EQUIPMENT FINANCING
- COMMERCIAL EQUIPMENT FINANCING
- STARTUP EQUIPMENT FINANCING
- HEAVY EQUIPMENT FINANCING
- MEDICAL EQUIPMENT FINANCING
- INDUSTRIAL EQUIPMENT FINANCING
- IT AND TECH EQUIPMENT FINANCING
- AUDIO/VISUAL POST-PRODUCTION EQUIPMENT FINANCING
- GYM EQUIPMENT FINANCING
- SMALL BUSINESS EQUIPMENT FINANCING
- EQUIPMENT AUCTION FINANCING
- USED EQUIPMENT FINANCING
2. LEASEIT CORP
BUSINESS STARTED: 2016
Leaseit Corp is one of the top Philadelphia equipment leasing firms. Companies call upon them when they are looking to purchase equipment. You can count on Leaseit to lease or finance most types of new or used equipment. They offer low-interest rates, low payments and can schedule payments and terms to meet all of your company’s financial needs.
Through their Philadelphia loan servicing programs, you can secure your equipment with no money-down while still leasing or financing 100% of the cost. Businesses in Philly appreciate how they help them secure their equipment quickly, efficiently, and trouble-free.
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3. BANK OF AMERICA
BUSINESS STARTED: 1988
Bank of America offers a wide range of financing and leasing 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 have access to specialized business loans in PA that offer balloon or seasonal payments.
You can avail of financial services designed specifically for your business. They offer solutions for construction contractors, equipment distributors, rental companies, and construction equipment manufacturers. If you’re looking to finance your small business or need a larger-scale freight equipment leasing in PA, you’re in good hands. To qualify, you have to have been in business for a minimum of 2 years and have a minimum of $250,000 in annual revenue.
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4. LEAF COMMERCIAL CAPITAL
BUSINESS STARTED: 2010
LEAF Commercial Capital, Inc., with the expanded strength of People’s United Bank, offers customized financing in Philadelphia to help their customers solve real problems. They offer loan servicing and financing solutions that make you well-positioned to grow in all phases of your business cycle.
LEAF works with small and medium-sized businesses and does not have a limit on how many years your company has been in operation. They offer fast and easy application reviews for small businesses in PA, as well as the ability to help you with any other finance-related needs.
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5. WELLS FARGO
BUSINESS STARTED: 1852
Wells Fargo offers a wide range of solutions for business loans in PA to help you conserve capital and support your business objectives. Their industry specialists can work with you to choose and customize the financing options that fit your requirements. In addition, you also gain access to specialized loan programs that provide balloon or seasonal payments.
Wells Fargo’s business equipment financing services cover a wide gamut of industries, including constructions, technology, transportation, and retail. If you are looking for freight equipment or even restaurant equipment leasing options in Philadelphia, securing the loan you require for your business to grow is easy.
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6. FIRSTRUST BANK
BUSINESS STARTED: 1934
Firstrust Bank is one of the largest family-owned banks in Philadelphia and offers flexible financing solutions for leasing, lines of credit, and equipment purchases. What sets them apart from the other business loan providers in PA is that it assigns a dedicated relationship manager to help you find the right financing option you need. In addition, you gain full access to its deposit, cash management, online banking, and loan products and services. Applying for a loan is also seamless as it can be processed online.
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7. TRIDENT LEASING
BUSINESS STARTED: 2014
Trident has helped finance the equipment needs for many businesses in Philadelphia. With its wide range of equipment leasing, equipment loan, and equipment financing plans, it has more to offer than alternative sources of funding. The company assists startups and experienced businesses with new and used equipment lease-financing options. Under its business loans for Philadelphians, lease payments are tax deductible, enabling borrowers to benefit more.
As per its website, Trident typically takes less than 24 hours to approve equipment loan applications, and requests worth up to $200,000 might even get approved in just 2 hours. Trident offers 24 to 60-month loan terms for all types of equipment, including for restaurants, trailers, healthcare, technology firms, and trucking businesses. The company is headquartered in California, but Philadelphia customers may get in touch by phone or online.
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8. FLEETWAY CAPITAL CORP.
BUSINESS STARTED: 1997
Fleetway Capital is a full-service Philadelphia commercial equipment financing and commercial vehicle leasing company. With more than 20 years of experience in providing the financing needs of businesses in Pennsylvania, New York, New Jersey, and Delaware, it is one of the most trusted loan service providers for any industry.
It has found great success in providing special loan programs for various markets, including fleet and commercial vehicles, veterinary, medical and dental, and unusual and custom assets. Its products cover traditional lease financing, lease financing for startup companies, and lease financing with a $1 buy-out.
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9. NEWLANE FINANCE COMPANY
BUSINESS STARTED: 2018
NewLane Finance provides loan and lease financing assistance for Philadelphians who need to either purchase equipment for their businesses or sell more equipment. It is supported by WSFS Bank, a $14.3 billion financial institution with over 100 years of combined experience in equipment financing all over the U.S.
NewLane Finance specializes in financing equipment from $2,500 to $500,000 and offers flexible payment options. Some of the industries it has served in Philadelphia include technology, healthcare, industrial, veterinary, food service, and automotive. It also works with dealers, distributors, and manufacturers who are looking to scale their operations.
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10. STAR CAPITAL GROUP
BUSINESS STARTED: N/A
Star Capital provides easy and flexible equipment financing options to help you maintain a steady flow of cash while operating your business. Whether you are looking to buy new or used commercial machinery, including titled equipment, this Philadelphia-based loan service provider can create a customized program that will suit your needs.
Star Capital offers competitive rates and can help you get your equipment on hand fast. The application process is quick and simple, with only minimal waiting times for approval, so you can go back to your projects immediately. Equipment financing and leasing options range from $5,000 to $1,000,000, with 12 to 60-month payment terms.
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Let Charter Capital Simplify the Equipment Financing Process
Interested in talking to an expert on equipment financing, equipment leasing, or simply need business financing advice? Schedule a consultation or give us a call today at 480-874-5402.
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