2nd Chance Finance Programs Are Available At Axe Business Funding!

Many lenders view a credit report and score an applicant based on a number of variables. We use a story approach with our credit challenged applicants and thats why our 2nd Chance program has been such a success.

This program allows us to go down to 450 FICO scores and lets customers with hiccup’s on their credit obtain the equipment their business needs to grow. This program will require a larger down payment than our traditional programs. Monthly payments will also be slightly higher but our goal is to get you the equipment you need and assist you in getting your credit back to where you qualify for more traditional programs.

Heavy Equipment

Time in Business

We need at least 1 year time in business as an LLC, Inc or DBA to qualify for this program.

Age Requirements

Equipment must be a piece thats 2000 or newer to qualify. Older pieces may qualify an a case by case basis.

Financed Amount/Down

The financed amount needs to be between 20K to 60K in order to qualify and the down payment will be 15%-30% depending on the transaction

Disqualifiers

These items disqualify a deal: Currently in BK, Repo in the past 12 months, NSF’s on bank statements

Here’s How To Get Started

We are here to help you come up with the best finance solution to meet your businesses needs. The process is simple and we will walk you through it step by step.

Apply
Online

Speak with one of our Finance Specialists to learn about the needs of your business.

Choose a Solution

Your Finance Specialist will work with you to discuss your finance options and make sure your objectives are met. Once an option is chosen we will secure an approval.

Review Documents

Your assigned Specialist will go over the terms, payments and down needed to fund your transaction. Documents will then be emailed to you for your review and signatures.

Fund your Transaction

Most transactions fund within 24 hours of signed documents being returned. Once the transaction is funded a wire will be sent out to the seller of the equipment. You are then free to pick it up and put it to work.

All We Need Is:
Get Quote


Get Pre-Approved or A No Obligation
 Quote Today!
 

Let our Finance Specialist contact you to see how much we can approve you for.
close-link