Top 10 Equipment Financing & Leasing Companies South Carolina
Evaluating the top 10 of South Carolina’s largest equipment leasing companies reveals the best option for you—and you need the best. You need a provider in the equipment finance industry that is trustworthy and reputable, someone who looks at your specific situation and delivers the assistance you need to make your goals happen. Not all equipment financing companies are like this. However, the ones featured on this list of the best equipment leasing companies are dedicated to your success.
We understand how important that is and have put together this list of equipment finance companies 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 South Carolina. We customize our equipment financing structures to match your unique business needs. We don’t discriminate based on industry or company size. Our equipment finance professionals have been in the business long enough 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.
- 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. MARINER FINANCE (formerly PIONEER CREDIT)
BUSINESS STARTED: 1974
Pioneer Credit is one of the smaller finance companies in Sumter, SC, but offers some of the most attractive equipment leasing products in the area. There are no minimum requirements to apply for a loan, and the process uses a “soft” credit inquiry to find out if you are eligible (which does not affect your credit score). However, if you do push through with your online application and accept a loan offer, Pioneer will pull your credit report and conduct a “hard” inquiry. Loan amounts range from $1,000 to $25,000, with amounts of between $1,500 and $15,000 available for funding online. If you need to finance equipment worth more than $15,000, you need to visit a branch near you.
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3. NATIONAL FINANCE
BUSINESS STARTED: 1963
National Finance is a loan company that helps people with all their lending needs. They could take out a loan for the gear that they are getting, and they might come here to get a loan approved as quickly as possible. You could use this particular company because you want to get a simple loan with a flat rate. They make this process much quicker because they know that you need to get back to your business and your equipment. National Finance will move faster than most, and they will make the process as uncomplicated as it can be. Their team of diverse talent makes transactions seamless for its customers.
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4. ARBORONE FARM CREDIT
BUSINESS STARTED: 1916
ArborOne Farm Credit is the place that you go to when you want to get the best possible financing options to fund the equipment you need. Its loan products cover new and used equipment, planting and harvesting equipment, pumps and irrigation systems, trucks and trailers, buildings and storage facilities, and tractors, sprayers, and specialized machines. ArborOne offers flexible payment schemes and fixed-rate loans for 3, 5, and 7 years.
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5. WELLS FARGO
BUSINESS STARTED: 1852
Wells Fargo is one of the biggest loan companies in Bennettsville, South Carolina, offering a wide range of solutions 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 gain access to specialized loan programs for new and diverse talent that provide balloon or seasonal payments.
Wells Fargo’s business equipment financing services cover a wide gamut of industries, including construction, technology, transportation, and retail. If you are looking for freight equipment or even restaurant equipment leasing options in South Carolina, securing the loan you require for your business to grow is easy with Wells Fargo lenders.
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Wells Fargo Bennettsville SC, 145 Broad Street, Bennettsville, SC, 29512
6. TRIDENT LEASING
BUSINESS STARTED: 2014
Trident has helped finance the equipment needs of many businesses in South Carolina. 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. The company 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 potential borrowers in South Carolina may get in touch by phone or online.
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7. 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 South Carolina that offer balloon or seasonal payments. They offer solutions for construction contractors, equipment distributors, rental companies, and construction equipment manufacturers. If you’re looking for finance companies in Charleston, SC, to equip your business, 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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8. FLEETWAY CAPITAL
BUSINESS STARTED: 1997
Fleetway Capital is a full-service commercial equipment financing and commercial vehicle leasing company. The company is headquartered in Philadelphia, but its services cover the Pennsylvania, New Jersey, New York, North Carolina, and South Carolina areas, to name a few.
Fleetway is known for providing special loan programs for various markets, including fleet and commercial vehicles, veterinary, medical and dental, and unusual and custom assets. Its products include traditional lease financing, lease financing for startup companies, and lease financing with a $1 buy-out.
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9. TAYCOR FINANCIAL
BUSINESS STARTED: 1988
Taycor offers both leasing and financing programs that allow you to purchase the business equipment you need today while affordably spreading your payments over time. You can get approved within hours, with minimal information, and with no commitment from a reputable licensed lender. You have the opportunity to choose the term, structure, and payment deferral options that fit your needs. Not only are there no penalties, but there is also a benefit and cost savings to you when paying off early. Taylor is headquartered in California, but it also caters to South Carolina customers.
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10. SOUTHSTAR CAPITAL
BUSINESS STARTED: 2008
SouthStar Capital offers leasing and financing support for all types of equipment in the technology, manufacturing, finance, transportation, and earth-moving industries in South Carolina. It offers fixed monthly payments at terms that are convenient for you. At the end of your equipment lease contract, you have the option to turn the machine in and lease a new one, extend the lease, or purchase the unit. The approval and closing process typically takes only 2 to 5 days.
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Why Finance Equipment?
Financing equipment offers several advantages for businesses across various industries. Here are key reasons why companies choose to finance equipment:
- Preserve Cash Flow: Financing allows businesses to acquire necessary equipment without a large upfront payment, helping preserve cash for other critical expenses like payroll, operations, or inventory.
- Access to Up-to-Date Technology: Financing helps businesses stay competitive by providing access to the latest technology and equipment without the burden of full ownership costs.
- Flexible Payment Options: Many financing agreements offer flexible repayment terms, such as seasonal or balloon payments, which can be customized to match the business’s revenue cycle.
- Maintain Operational Efficiency: By financing, companies can quickly replace outdated or inefficient equipment, keeping operations running smoothly and reducing downtime.
- Tax Benefits: In many cases, businesses can deduct lease payments or financed equipment purchases as a business expense, reducing their taxable income.
- Conserve Working Capital: Instead of tying up cash in equipment purchases, financing allows businesses to keep working capital available for day-to-day operations or unexpected expenses.
- Easier Budgeting: Financing enables businesses to manage predictable monthly payments, making it easier to budget and plan for future expenses.
- No Obsolescence Risk: Leasing or financing equipment means you can upgrade to newer models without having to worry about the depreciation of purchased equipment.
- Build Business Credit: Consistent, on-time payments on financed equipment can help improve your company’s credit score, opening doors to better financing terms in the future.
These reasons make equipment financing an attractive option for businesses seeking to grow and maintain efficiency while managing their financial resources effectively.
Talk to the Financing Experts at Charter Capital Today!
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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