Commercial Equipment Financing Bangor ME

Looking for Commercial Equipment Financing in Bangor? We have compiled a list of businesses and services around Bangor that should help you with your search. We hope this page helps you find Commercial Equipment Financing in Bangor.

Abigail Pons
Capella Financial Services, LLC
(207) 370-4269
27 State Street, #32
Bangor, ME
Expertises
Socially Responsible Investments, Hourly Financial Planning Services, Middle Income Client Needs, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Ms. Jean Marguerite Deighan, CFP®
(207) 990-1117
455 Harlow St
Bangor, ME
Firm
Deighan Wealth Advisors

Data Provided By:
Mr. James A. Macleod, CFP®
(207) 262-4992
99 Franklin Street
Bangor, ME
Firm
Bangor Savings Bank

Data Provided By:
Abigail T. Pons, CFP®
(207) 370-4269
27 State St Ste 32
Bangor, ME
Firm
Capella Financial Services, LLC
Key Considerations
Average Net Worth: Not Applicable



Data Provided By:
Mr. E. Ripley Knickerbocker, CFP®
(207) 992-4020
105 Main St
Bangor, ME
Firm
Ameriprise Financial Services, Inc.

Data Provided By:
Mrs. Racquel H Tibbetts, CFP®
(207) 262-5713
23 Water Street
Bangor, ME
Firm
KeyBank, N.A.
Areas of Specialization
Investment Management

Data Provided By:
Mrs. Patricia Dawn Freiwald, CFP®
(207) 974-4153
871 Hammond St
Bangor, ME
Firm
BANGOR SAVINGS BANK
Areas of Specialization
Employee and Employer Plan Benefits, General Financial Planning, Investment Management, Retirement Planning, Risk Management, Wealth Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Service Professionals

Data Provided By:
Mr. Ronald L. Albrecht, CFP®
(207) 356-9830
98 Judson Blvd
Bangor, ME
Firm
Albrecht Financial Services PA

Data Provided By:
Mr. Donald C. Hagstrom, CFP®
(207) 942-2367
105 Main Street
Bangor, ME
Firm
Ameriprise Financial

Data Provided By:
Mr. Vance B. Gray Jr., CFP®
(207) 992-2819
128 Broadway
Bangor, ME
Firm
Vance Gray Wealth Mgmt, Inc.
Areas of Specialization
Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided By:
Data Provided By:

How To Find Commercial Equipment Financing

Most companies require equipment of some type at some point. It may be something as small as a computer system, or as large as a construction crane. Whether you are an established company or a small startup, paying for the needed equipment may be difficult, and the cost could set you back to the point where your business is at risk. However, you can ease the burden by obtaining commercial equipment financing .

A commercial equipment loan may be used for any type of equipment associated with the operations of your business. This includes computer hardware and software. Furthermore, commercial equipment loans can be used for the installation, training, and consultation that are related to any commercial equipment that you buy.

The problem is that many business owners do not know how to find the right finance companies to obtain the equipment loan . The majority of the business owners who do approach the right equipment finance companies are ill prepared, and fail to get their equipment loans . You can avoid those problems by being prepared, and knowing what your financing options are.

Begin by knowing and understanding exactly what you require. Do some comparison shopping and locate the best deal possible for the equipment that you wish to finance. Write down all of the specifics about that equipment. Don't make the mistake of approaching the equipment financing company before you know what you want to buy and how much it will cost.

The next step is to gather the documents that will be needed. This includes financial statements for the last five years, your business plan, federal tax returns for the last five years, articles of incorporation, business licenses, and a list of credit references. In most cases, the equipment you will be financing will be used as collateral, but you may also want to have a list of other assets that you can use for collateral as well. All of these documents may not apply to you. It is often best to call ahead to the equipment finance company and simply ask what documents they will expect you to have. You should also get a copy of your credit report to make sure everything is in order.

Finally, you are ready to determine what equipment finance company you will approach for your equipment loan . There are many options open to you. Your bank would be an obvious choice, but it isn't necessarily the best choice. Just as you looked for the best deal when choosing the equipment, you will want to find the best deal when you choose the financing. Begin by making a list of your options, then call those options and check the interest rates.

Don't overlook any financing options for your commercial equipment financing . Call the vendor that has the equipment you want to finance. Ask them if they offer any type of vendor financing, or if they use any particular equipment financing company. Get the details and write everything down.

Other than banks and vendor financing, other comme...

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