Dealer Finance Programs That Work.
At Jupiter Equipment Finance, we develop Dealer Finance Programs that get customers approved. We provide equipment dealers and distributors nationwide with financing programs that enable them to offer point-of-sale financing options.
Jupiter's Leading Advantage
We are a direct lender with a robust syndication department, so we are well-positioned to provide a wide range of financing options that lead to optimal solutions. 62% of our customers have financed with us multiple times, a stat we are proud of and a testament to how we create financing solutions that work.
PROGRAM OVERVIEW
Deal Size: $10,000 to $10M+
Application-Only: Up to $500K for Hard Assets
Credit Score: 850 to 450 (Credit Levels A, B, C & D)
Rates: Start at 5.99%
Structure: Loans and Leases (EFA, $1 Buy Out, FMV)
Down Payment: Varies by Credit Tier
CREDIT PROGRAMS
- Tier 1 | Good Credit - To obtain the lowest rates, business/personal credit should be clean with over 2 years time in business, and ending bank balances over $10K. 0% down payment
- Tier 2 & 3 | Tough or Challenged Credit - Past bankruptcies, tax liens, slow pays, start-ups. 10-50% down payment or use of additional collateral to offset down payment.
- Start-Up Business - Less than 2 years time in business; both good and challenged credit. 10-25% down payment
Non-Starters:
- Challenged Credit or Start-Ups with No Down Payment
- Unpaid / Past Due Child Support
- Open Bankruptcies
- Past Involuntary Repossessions
APPLICATION REQUIREMENTS
To Get Started
- Any commercial finance application. Ours is easy and simple to complete.
- Dealer equipment invoice with price & specs
- Business Bank Statements. Not always required but can expedite the process. Please email the most recent 3 month's statements to [email protected] or Fax to 561-658-5959
Invoices over $500K | Full Financial Package
Over $500K will require tax returns and financials listed below. Financials may also be required on smaller transactions depending on customer profile.
- 2 Years of Tax Returns (2021 & 2022)
- 2023 YTD P&L and Balance Sheet
- Last 3 Months of Bank Statements
- Debt Schedule (Click for PDF)
- Personal Financial Statement (Click for PDF)
Start-Up Business
Requires 3 months of personal bank statements and 2 years of personal tax returns. Completing the Start-Up Business Questionnaire will help expedite the process.
-
2 Years of Personal Tax Returns
(2021 & 2022) - Last 3 Months of Bank Statements - All statements showing reserves
- Start-Up Business Questionnaire below
Start-Up Business
If you have been in business for less than 2 years, you are considered a Start-Up Business.
Please complete this questionnaire with as much information as possible
to help us learn more about your experience, business plan, and process.
Let's find a financing solution that works for you.
Complete the form below and our team will reach out to learn more about your business needs.
