Equipment Loan Calculator

Loan Amount

$

50K
5M

Interest Rate

%

6
15

Loan Term (In Years)

Year

1
15

*Change The Value And Click Calculate.

Monthly Payments

$

Monthly Interest

$

Number Of Payments

Total Payback Amounts

$

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Learn More About Equipment Loans & Payment Factors Using our Equipment Loan Calculator

Equipment Loan Calculator - Equipment financing and leasing is the process of acquiring business equipment by small business owners using funds that have been provided by a financial institution. With this financing option, the equipment being financed is the collateral put up to receive the funds. Approval of equipment financing and leasing is quite easy meaning you can finance anything from doctor's office machinery to oil rigs using our equipment loan calculator.

Equipment Financing and Leasing Amount

Equipment financing and leasing is offered to small business owners in amounts up to $6,000,000. Borrowing amount relies greatly on the type of equipment being finances, the overall assessed value of the equipment being financed, and if the piece of equipment is new or had been previously used. The amounts being lent vary from industry to industry and AMP Advance provides funds to all industries and we specialize in industry-specific loans in order to be able to provide equipment financing and leasing options to all small business owners.

Term

Equipment loan and leasing terms are generally twelve to seventy-two months in length. However, if the return on the investment is large many businesses pay off their equipment loan early, earning them a large discount on the cost of the funds. Term lengths are not one size fit all, all equipment loan and equipment financing options are tailor fit to each client differently.

Interest Rate

Equipment loan interest rates are generally two to twenty percent. The observed variances in set interest rates is largely due to catering to all small business' needs. From tractors to MRI machines, we see it all and have to determine our rates guided by a small business owner's credit score and length of time in business. Complete our application and we will give you a good idea of terms and rates within 24 hours.

Equipment Loan Calculator Not What You're Looking For?

Have Questions or Still Need Help with the math? Talk to one of our personal funding managers.

(888) 201-2860

Who is AMP Advance?

AMP Advance is a Miami based industry leading direct funding source out of Coconut Grove, Florida. We help those who are in need of small business financing by providing web based financing options & funding solutions. Our solutions assist small business owners find matching opportunities while assisting small business owners improve their overall financial situations. AMP Advance provides small business loans, business lines of credit, accounts receivables financing, equipment financing, unsecured business loans, and revenue based loans to millions of small business owners nationwide.

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