The Pennybacker Program
$5,000 - $50,000
18-42 months
True Leases
Broker Option
Equipment financing for business owners that have had credit challenges or other financial difficulties in the past
What We Need
To submit a full credit package for underwriting review, we require:
Signed Application
Credit Report
Equipment Report
3 Months Full Bank Statements
The Specifics
Challenged, subprime credit
No minimum credit score requirement
Revenue-based underwriting
New and used equipment
Vendor/dealer and private party sales
Auto-draft monthly lease payments
***Up to $100k ticket size for heavy equipment and vehicles under The Heavy Metal Program
True lease-to-own agreements with a 10% buyout at the end of the lease
Not the right program for you? Check out our other programs to find the perfect fit for your equipment financing needs.