Equipment financing in Lighthouse Point lets businesses purchase or lease machinery, vehicles, technology, and other capital assets by spreading the cost over time, using the equipment itself as collateral.
Equipment financing
A yacht maintenance company along Hillsboro Mile needs a new marine lift. A medical practice near the Lighthouse Point Yacht & Racquet Club wants diagnostic imaging equipment. Equipment financing solves the same problem: preserving working capital while acquiring assets that generate revenue. The lender takes a security interest in the equipment, which often makes approval criteria less restrictive than unsecured credit. Your broker's job is to assemble the documentation, purchase quotes, business financials, ownership structure, that underwriters demand before releasing funds.
Hickory Funding Group operates as a commercial business-loan broker from 1901 W Cypress Creek Rd, Fort Lauderdale, FL 33309, Pompano Beach, FL, and serves Lighthouse Point businesses throughout the Intracoastal corridor. Call (954) 380-7524 to discuss your file.
Equipment financing
Lighthouse Point's marina-adjacent businesses, boat repair, charter operations, waterfront hospitality, depend on specialized equipment that costs far more than most checking accounts can absorb. Equipment financing preserves liquidity for payroll, inventory, and seasonal expenses while the financed asset starts earning immediately. Because the equipment secures the loan, underwriters focus on cash flow and the asset's resale value rather than demanding perfect credit scores.
Our equipment financing solutions cover vehicles, restaurant fixtures, construction machinery, medical devices, and technology. We present your file to lenders who understand your industry's collateral and revenue cycles.
We start by collecting the vendor quote, two years of business tax returns, recent bank statements, and a brief use-of-funds narrative. Underwriters want to see that monthly payments fit comfortably inside operating cash flow and that the equipment will outlast the term. We flag missing signatures, outdated quotes, or incomplete financials before submission, which speeds approval and reduces back-and-forth. Once a lender commits, closing typically happens at your location or electronically.
For broader Pompano Beach financing options, explore our SBA 7(a), working capital, commercial real estate, business lines of credit, invoice factoring, and more.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
Why Pompano Beach owners trust Hickory Funding Group
