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Frequently Asked Questions

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.

Frequently Asked Questions

Find your answers here

Can you approve Start Up or New businesses for equipment financing?

We can approve start-up businesses. We understand that Traditional Banking often declines these types of loans due to higher risk, but were not traditional. Start-Up businesses usually require a little better credit but we’re here to help your business grow.

Can I finance a piece of equipment from a Private Seller?

Yes you can. We can finance the equipment from a Dealer, Private Seller and Auction House. We want you to find the best deal and the right piece of equipment to suit your business needs.

Will this be an Equipment Purchase or a Lease?

We offer both! Axe Business Funding offers a variety of finance solutions depending on what your needs are and what you qualify for. We offer lease financing, traditional equipment financing and working capital loans.

Will this show up on my personal credit?

NO it will NOT. This is strictly a business loan and written under your business. We report to your business credit and do not impact your personal accounts. Although we will use the personal credit of all owners to qualify for the loan.

Will this loan qualify for Section 179 Business Deduction?

YES! Section 179 of the IRS Tax Code allows a business to deduct, for the current tax year, the full purchase price of financed or leased equipment and off-the-shelf software that qualifies for the deduction. The equipment purchased, financed or leased must be within the specified dollar limits of Section 179, and the equipment must be placed into service in the same tax year that the deduction is being taken.