Explore Your Options

Equipment financing refers to a loan used to purchase business-related equipment, such as a restaurant oven, vehicle, or copy machine.

• Loan amount $5K to $1M
• 12, 24, 48 or 60 months term
• Min credit score 630
• Start up business OK (Max loan $50K)
• 5 day funding
• Document needed: Application; Invoice from the vendor showing equipment specs; Vendor has to be based in the US (or has office in the US)

From backhoes to bulldozers, from pavers to rollers, from dump trucks to 18-wheelers. Heavy equipment loans allow businesses to borrow money to purchase heavy machinery and make payments on a schedule rather than having to pay upfront.

• Loan amount $10K to $1M
• 12, 24, 48, or 60 months term
• Min credit score 650
• Start-up business OK
• No private sale
• Document needed: Application; and Invoice from the dealer showing equipment specs.

This loan is intended for business owners who are seeking funding for their day-to-day operations, such as payroll, purchasing inventory, business expansion, etc.

• Loan amount $10K up
• Terms may vary based on need.  Max term is 10 years
• Min credit score 630
• Two years in business
• Document needed: Application; Two years of business tax returns; Two years of personal tax returns (in some cases); YTD Profit and Lose; Balance Sheet; Debt Schedule; and ID

This loan is intended for business owners who are seeking funding to purchase a business.

• Loan amount $350K to $10M 
• Terms vary based on need.  Max term is 25 years
• Min credit score 600
• Document needed:
• From buyer: Application
• Two years of business tax returns for all businesses owned 
• Two years of personal tax returns (in some cases)
• YTD Profit and Lose
• Balance Sheet
• Debt Schedule
• ID
• Resume
• Form Seller
• Two years business tax return
• YTD P&L

Accounts receivable or AR financing is a type of financing arrangement that is based on a company receiving financing capital in return for a chosen portion of its accounts receivable. An AR financing arrangement can be structured in several ways, including as an asset sale or a loan.

• Loan amount: $100K to $50M
• Advance rate 80% to 90%
• One year term
• Non-recourse available
• Document needed: Application; One-year business tax return; ID; Current Aging of Accounts Receivable; Entity Documents; Invoices for Funding; Financial statement; and Customer list

A mid-term loan in the form of unsecured cash. These programs require no collateral only a personal guarantor. Clients can use the fund freely for any purpose.

• 3- to 7-year term
• 620 or better credit score needed
• 3 positive trade lines (credit cards, autos, mortgages)
• A low number of inquiries in the last 6 months
• A limited number of 30-90 day derogatory marks in the last 3 years
• Verifiable income documents required
• Rates as low as 6.00%
• Loan amount: $30K to $350K 

For income tax purposes, property owners and real estate investors generally depreciate the commercial property over 39 years.

But a residence, office building, warehouse, or any other real property is never just the structure alone. It also includes several other elements, such as plumbing fixtures, carpeting, sidewalks, fencing, and many more.

If you were to purchase these assets by themselves, you could depreciate them over five, seven, or 15 years. But they are usually purchased as part of a building acquisition or development and written off over the same useful life as the rest of the building: 27.5 or 39 years.

A cost segregation study is a process that looks at each element of a property, splits them into different categories, and allows you to benefit from an accelerated depreciation timeline for some of those building components.

Your 401(k), IRA, or other qualified retirement accounts can be the key to starting your business debt-free and cash-rich. This program allows you to utilize the full potential of your existing retirement accounts to purchase your own business, thereby enabling you to eliminate or reduce the need for additional loans.

This is a third-party service provided by one of Sequoia Lending's partners. They are experienced in helping clients quickly fix credit issues and rebuild their credits by using Fair Debt Collection Practices Act, Fair Credit Reporting Act, Fair and Accurate Credit Transaction Act, Fair Credit Bill Act, and many other tools.

The Employee Retention Credit is a fully refundable tax credit for employers equal to 50 percent of qualified wages (including allocable qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified wages paid after March 12, 2020, and before January 1, 2021. The maximum amount of qualified wages taken into account with respect to each employee for all calendar quarters is $10,000, so that the maximum credit for an Eligible Employer for qualified wages paid to any employee is $5,000.