Equipment Loans

To get the right equipment for your business, you need the right loan.

 

 

 

 

Equipment Loans

TC Federal Bank offers financing to cover equipment expenditures for your business. This loan helps to keep your capital intact while maximizing your purchasing power to acquire new or used equipment and fixed assets.

These loans are long-term notes with a maturity of one year or longer. The loan is repaid from periodic (typically monthly) payments of principal and interest with a variable or fixed rate of interest. If applicable, term loans are generally written with a maturity that coincides with the depreciable life of the asset being purchased. 

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