Equipment Lending and Loans

Plumas Bank specializes in equipment lending and we can help you purchase almost any type of equipment or tangible asset to help your business grow and flourish. Examples of equipment include, but are not limited to, computers, machinery, tractors, vehicles, appliances and furniture.  An equipment loan is a secured installment loan so you can receive the funds upfront in a lump sum and then make regular payments over the loan’s term. When applying for an equipment loan, you generally know what equipment you are buying and the vendor you are buying it from.

If you do not yet know what equipment model you want to purchase or the vendor you are purchasing from, you may want to apply for an equipment guidance line. An equipment guidance line has more flexibility. It allows you a credit limit that you can draw on to buy items within a determined window of time. Once you’ve made the purchases or the buying window expires, your equipment guidance line becomes an equipment loan.

Plumas Bank loan experts can help you determine which type of equipment lending option will work best for you and your business. To get the loan guidance you need, contact a Plumas Bank loan officer today – they will help you every step of the way. Let one of our experienced loan officers develop a custom-tailored loan solution designed to help you succeed! 

CONTACT A COMMERCIAL LOAN OFFICER

Types of Equipment Lending

Plumas Bank offers a variety of equipment lending options. We have equipment lending experts that can guide you every step of the way and will give you the personal service you deserve. Our expert equipment lending officers will explain all the equipment lending options available, including Small Business Administration (SBA) options. Plumas Bank has an award-winning SBA team and has Preferred Lender Status with the United States Small Business Administration. Rest assured, at Plumas Bank our loan officers are well-known for being accessible and approachable, and they take the time to listen to your unique needs so they can offer you a custom-tailored loan that will help your business succeed. 

Equipment Guidance Line for Businesses

If you have not yet determined what type of equipment model you want to purchase or the vendor you are purchasing from, you may want to apply for an equipment guidance line. It’s easy to apply and an equipment guidance line has flexibility. It allows you a credit limit that you can draw on to buy items within a determined window of time. Once you’ve made the purchases or the buying window expires, your equipment guidance line becomes an equipment loan. 

It’s convenient to have an equipment guidance line when you want to finance the purchase of equipment such as machinery, tractors, and vehicles.  Having this business credit is a confident way to shop for your business equipment needs.

It’s wise to apply for an equipment loan with Plumas Bank, especially if you have an established relationship with us. We specialize in working with small businesses. We get to know you and your business and we can help you learn how to qualify for a loan. We work hard to help you succeed.

Equipment Lending with Plumas Bank

At Plumas Bank, it’s all about the relationships. Large and small businesses alike can rest easy when obtaining an equipment loan with Plumas Bank because a friendly and knowledgeable loan officer will be by your side every step of the way throughout the entire process. As an independent, locally managed and community-supported bank, we are proud to offer flexible and rewarding commercial loan options to local business owners. We live and work in your neighborhood, we know your business and we want you to succeed. We’re here for you, and HERE. For Good.

CONTACT A COMMERCIAL LOAN OFFICER