Commercial Equipment Financing Peoria IL

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

Gregory Johnston
Johnston Investment Counsel
(309) 674-3330
331 Fulton
Peoria, IL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Planning Issues for Business Owners, Planning Concerns for Corporate Executives, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, AIF, CFA, CFP®, MBA

Mr. Eric S Schlipf, CFP®
(309) 671-2893
401 Main St Ste 1000
Peoria, IL
Firm
Morgan Stanley Smith Barney
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning

Data Provided By:
Mr. Craig J. Ruffolo, CFP®
(309) 676-6600
411 Hamilton Blvd
Peoria, IL
Firm
The Hanson Financial Group, Inc.
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Investment Planning, Retirement Planning, Wealth Management

Data Provided By:
Mr. Gregory A. Johnston, CFP®
(309) 674-3330
331 Fulton
Peoria, IL
Firm
Johnston Investment Counsel
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided By:
Carolyn K. Weaver, CFP®
(309) 671-2825
401 Main Street, Suite 1000
Peoria, IL
Firm
Morgan Stanley Smith Barney
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Intergenerational Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided By:
Mr. James A. Yocum, CFP®
(309) 693-1825
112 State St Ste 2C
Peoria, IL
Firm
Thrivent Financial
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided By:
Mr. Alan L. Lee, CFP®
(309) 673-7526
114 State St Ste 2E
Peoria, IL
Firm
Strategic Wealth Management, LLC

Data Provided By:
Mr. Adam B. Hawks, CFP®
(309) 637-4647
411 Hamilton Blvd Ste 2003
Peoria, IL
Firm
Raymond James & Associates, Inc.

Data Provided By:
Ms. Donna A. Marcacci, CFP®
(309) 655-5195
301 SW Adams St
Peoria, IL
Firm
PNC Bank, N.A.

Data Provided By:
Mr. Scot Kunkel, CFP®
301 SW Adams St
Peoria, IL
Firm
PNC Wealth Management

Data Provided By:
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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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