Judo Bank Equipment Loan
Equipment financeSecured
Need funding to purchase business equipment or vehicles? Help preserve your working capital. Our Judo Bank equipment loan allows you to purchase the asset and pay it off over time.
- Establishment fee
- Not published
- Monthly fee
- Not published
- Borrow
- $250,000 to $20,000,000
Interest rate a year, from
Not published
Loan details
Rates
- Interest rate (a year)
- On application
- Rate type
- Not published
- Security
- Secured
- Type of finance
- Equipment finance
Limits and fees
- Loan amount
- $250,000 to $20,000,000
- Loan term
- Not published
- Establishment fee
- Not published
- Monthly fee
- Not published
How it compares
Against the other secured business loans we compare. Typical means the middle half of them.
Most you can borrow
$20,000,000
Typically you can borrow up to $1,000,000.
Pros and cons
Pros
- Room to borrow more. Up to $20,000,000, more than the typical $1,000,000, which can cover bigger costs in one loan.
Cons
- Secured against an asset. That usually keeps the rate down, but the lender can take the asset if you can't repay.