Everything You Need to Know About Equipment Financing Interest Rates (2023)

Wondering about the average equipment financing interest rate? In this video, CEO Joe Camberato offers an honest and transparent guide to true equipment financing interest rates. He goes over what to expect, how to find the best rate, and the different equipment financing interest rates from bank and non-bank lenders, so you can hit the ground running and purchase that equipment you’ve had your eye on.
#equipment_financing #equipment_financing_interest_rates #average_business_loan_rate #equipmentfinancing
Want to explore business loan options for your business?
www.nationalbusinesscapital.c...
Learn more about Joe and connect with him here:
www.flowcode.com/page/growbyjoe
Disclaimer: The information and insights in this video are provided for informational purposes only, and do not constitute financial, legal, tax, business, or personal advice from National Business Capital and the speakers. Do not rely on this information as advice, and please consult with your financial advisor, accountant, and/or attorney before making any decisions. If you rely solely on this information, it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions, or mistakes.

[@7SUBLIMINALGOLD]

My friend did business with national business capital. they were fast. great cust service. good rates. upfront about their fine print.

[@GrowbyJoe]

Thank you for watching and supporting my channel #keepgrowing

[@stanleytomasetti1074]

How much do you charge for your service?

[@7SUBLIMINALGOLD]

wow fantastic vid.

[@GrowbyJoe]

Glad you enjoyed the video! Thanks for tuning in!

[@rubencervera6360]

Hi Joe, what would the typical fee be for helping my business find an equipment loan?

[@samerethsalliman1881]

Do you work with Independent Contractors?

[@user-qe6lh4yq4x]

Go directly to associations and learn it rather than brokers

[@7SUBLIMINALGOLD]

Go directly to what associations? Please make sense.

[@jameswagner5854]

Do you offer equipment financing solutions?

[@GrowbyJoe]

Hi James... Yes we do.. Go here to Apply: www.nationalbusinesscapital.com/apply-now/?UA-cam%2C&C&Everything+You+Need+to+Know+About+Equipment+Financing+Interest+Rates+%282023%29

[@skyeram]

Liar.... EFAs do not state an interest rate.
And the ONLY one have gotten was 22% with a 800 credit score in 2019.
I had to pay 20k interest on a 40k loan.. so how is that a low single digit interest rate?

[@7SUBLIMINALGOLD]

Hmm this seems like a lie. People with no credit score claim to have 800 score. no way 22%. lol 40k loan and 20k int rate? seems like you have never applied. You business maybe is not qualified maybe that's why.

[@skyeram]

@orlandoflorida4804 I absolutely did, I do have perfect credit. But You do the math, I put $10k down on a $53k peterbilt 379 with payments of $1300 a month for 4 years.... what's the rate? And that's on a second loan. Paccar financed my first truck, T680 at 9% $8k interest, which was NOT an EFA loan.