Around a third of our customers are start-up businesses.
There’s a lot that goes into starting a new business…and most of it requires a substantial monetary investment. That’s where we can help. As you work to get your business off the ground, our team will work to get you the equipment financing you need to make your dream a reality.
Why finance your start-up with Geneva?
We understand the challenges new businesses face, and we’ll work hard to help you obtain the funds needed for new equipment. We can offer terms up to 60 months with the potential for little money down. Plus, you’ll love some of the other perks of working with Geneva.
No cost or obligation to apply for financing
Quick and easy application process
Options with little to no money down
Arguably the largest perk is that we’re a direct lender. We use our own money, so have the flexibility to approve more deals than traditional lenders and can move transactions forward quickly and easily. (No red tape or waiting days for approvals!) It also means that every transaction is serviced in-house – we’ll never sell off your contract to another lender. The person who assists you in applying will be the same one shaking your hand after your last payment.
Estimate Your Monthly Payment
Monthly payments can vary based on several factors — including your finance terms, the type of equipment you're financing, and your personal credit. The calculator below will give you a general idea of what your payments might look like.
Start-up financing made simple.
What to Expect
When a new(er) business needs new machinery, they’ve often tied up available cash and credit getting their business going or in operating expenses. Our familiarity with your industry and equipment allows us to provide a simpler process and issue more approvals faster than traditional lenders.
What We Look At
We obviously look at credit, but we also take your industry experience and how the purchase will impact revenue into consideration! We only specialize in niche industries, so we know your equipment and the sellers. Because of that, we feel more comfortable taking on a little more risk for our start-up customers than most general lenders.
What's Required
Most of the time we only require a simple, 2-minute credit application and recent bank statements. For larger requests, we may also ask for tax returns or a Personal Financial Statement. Our experts will guide you along the way to make the whole process as simple and hassle-free as possible.
Common start-up questions.
Internally, we classify businesses of less than 2 years start-ups.
After the business we’re financing equipment for reaches 2+ years in operation.
It depends on the amount financed, personal credit, and level of experience (among other things). For all transactions we require a credit application and recent bank statements. For larger-ticket items, we may also ask for tax statements and/or a Personal Financial Statement (PFS).
Businesses of less than 2 years require a little closer look from our team. Sometimes that means more information than we’d ask of a business of 2+ years. Depending on your personal credit, business model, and industry experience, we may also require a little bit more cash down. Access to promotions and some special structures is limited until you’re established.
While we have a ton of options available to finance equipment for newer businesses, there are some programs (extended deferred payments, etc.) that are unavailable. Without a lot of business history to look at and generally pretty limited finances where start-ups are concerned, we need to find the sweet spot of protecting our assets and funding your venture. Our team looks at each transaction individually to determine how much risk we’re able to take, then figure out how to get you to a monthly payment you’re comfortable with!
Still have questions?
Our team is ready to help! Let us know what you're after and we'll get the right person on it.
