Curtis Funding Group provides equipment financing and leasing. They have funded equipment in 46 states and Canada since 2012. They strive to eliminate surprises through transparent commitments. Equipment financing allows companies to acquire equipment through monthly payments instead of large upfront costs, preserving working capital. Curtis Funding can finance a wide range of equipment and offers quick application processes.
2. EQUIPMENT FINANCING & LEASING
Curtis Funding Group provides equipment leasing & financing with
a "no surprises" commitment.
âą Founded in 2012, with a small team of experts handling a
wide range of equipment leasing & financing needs.
âą We have funded equipment in 46 states and Canada, and
have had a contract with Bridgestone/Americas since 2014 to
support their 2,200 dealer-network.
âą Surprises, in our business, are almost never good -- we
strive to eliminate them.
3. EQUIPMENT FINANCING & LEASING
âȘ 8 out of 10 companies finance equipment
âȘ Equipment is more easily cost-justified with a
monthly/quarterly payment rather than paying a
lump-sum total price
âȘ Equipment Financing is a convenient method of
preserving credit lines and can help preserve
working capital
âȘ The use of Equipment Financing can provide
an immediate revenue, since almost no up-front
costs are incurred.
Equipment Financing as a Business Tool
4. EQUIPMENT FINANCING & LEASING
When acquiring equipment with a
large price tag, which would be
easier to manage?
Cost justification â monthly payment
$100,000 Cash Up Front
OR $1,946 Monthly*
*Based on $100,000 x .01946, 60-
month finance rate factor
5. EQUIPMENT FINANCING & LEASING
Financing via a monthly payment prevents âsticker â
$100,000 Cash Up Front vs. $1,946 Monthly*
Get the state-of-the-art equipment neededâŠ
âWe can cut the price if we
take away some features.â
âWe need those features;
letâs finance!â
6. EQUIPMENT FINANCING & LEASING
A longer term can provide more equipment for the payment
Or, if it takes more than the budget allowsâŠ
$3,086 $3,086
âȘ A longer term may allow for better equipment, more
features, and more immediate returns
âȘ With term flexibility, budgets can be met, and cost-
justification can be realized
36 mos
$100,000
48 mos
$129,121
60 mos
$158,581
$3,086
Based on $100,000 x .03086
sample finance rate factor
Based on $100,000 x .02390
sample finance rate factor
Based on $100,000 x .01946
sample finance rate factor
7. EQUIPMENT FINANCING & LEASING
We can finance machine tools, medical equipment, IT, titled vehicles,
robotics, agricultural equipment, and much more
But did you know we can also fund equipment forâŠ
âą Municipal needs
âą Not-for-profits
âą Software
âą Lighting
âą Auto-service/shop equipment
âą Upgrades to current equipment
âą âŠ. And almost any other equipment you
may consider (ask us)
What equipment can be financedâŠ
8. EQUIPMENT FINANCING
& LEASING
âą Fill out and sign one-page application
âą Include three recent months of business
checking account statements
âą Provide equipment description, costs,
and vendor info
âą âŠ. Weâll package it, gain an approval,
and quote terms, all without obligation
Applications can be emailed, or found at
www.curtisfunding.com
How easy is it?
9. ââŠwe couldn't have done it without you.
The new shop turned out great and we
have got some great equipment thanks
to Curtis Funding.â
Tim Carroll â Co-owner
10. EQUIPMENT FINANCING & LEASING
âȘ COVID has tightened the market; new-business and
weaker-credit transactions are doable, but may take
some extra effort.
âȘ Curtis Funding has multiple underwriting sources.
âȘ Look for terms with no residuals, no automatic
extensions, no all-assets liens, and no surprises.
âȘ Putting together complete, accurate credit packages
helps gain approvals.
âȘ Communication is key; we work closely with many
vendors, and may, upon request, recommend some to
our end-user customers.
Cautions in 2021âŠ
11. EQUIPMENT FINANCING & LEASING
âȘ Budget monthly cost to get a true cost-
justification and then use the term to best
fit budgetary needs
âȘ Avoid sticker shock and scrimping on
features due to large out-of-pocket
requirements
âȘ Maintain your cash reserves
âȘ Receive fast credit approval and maintain
control with your financing partner, Curtis
Funding Group
âȘ Use simple, English, readable finance
documentation
Letâs RecapâŠ
12. AND⊠DO NOT FORGET
âȘ Getting a Section/179 deduction for your equipment on your income tax
(full write-off in year-one)
âȘ Offering advice/counsel on any funding need, even when not using CFG
âȘ $100 to a worthy charity for any equipment financing
transaction completed in 2021
âȘ Making progress payments to equipment
suppliers, as required, but holding final
funds until you OK their release
âȘ Direct communication through phone, in
person, email; you donât need to sign on to a
portal and wait for answers
Curtis Funding Group will help withâŠ
13. Curtis Funding Group announces a new
funding partnerâŠ
w / other funding options
âȘ Provide unsecured business loans and lines of credit
âȘ Loan products are tailored specifically for
the industry and every clientâs individual needs
âȘ An alternative when equipment financing is not
an option or when bank lines are maxed out
âȘ Click graphic, or link below to fill out short, no-
obligation application
https://arffinancial.force.com/portal/ARFRegistration?RPId=0034y00002B6AJnAAN
14. Funding alternatives
Underwriting process designed to consider unique merchant
and industry situations offering solutions to specific industries
to address needs such as:
âexpansion
âremodels
âinventory
âadvertising / marketing
âtax payments or lien retirement
âseasonality
âworking capital shortfalls
15. Our Lending Partner
Loan Program Advantages
âȘ From $5,000 to $75,000 without collateral
âȘ Fixed terms 12 - 18 months
âȘ Fast approvals -- funding within a week
âȘ Streamlined paperwork â docs electronically
signed
âȘ Payments collected via ACH
âȘ Paid-interest is tax deductible
âȘ Early pay-off options are available
16. Products offeredâŠ
WORKING CAPITAL LOANS
When cash is tight from a dip in sales or a seasonal period,
a Working Capital Loan can provide the surge of capital
needed
UNSECURED LINES OF CREDIT
When opportunity knocks, business conditions change or
unexpected issues arise, a Line of Credit can provide 24-
hour access to 5 separate loan drafts over a 6-month period.
FLEX PAY LOANS
A Flex Pay Loan allows you to defer up to 50% of loan
principal repayment into the future, resulting in dramatically
lower payments.
INTEREST-ONLY FLEX PAY LOANS
Borrow now with low, interest-only payments for up to 5
months! Then, pay off the principal, or convert to a 60-week
rollover amortization.
17. Lending conditions
To Prequalify â Minimum
Requirements
1) Minimum of twelve (12) months in business
2) Annual sales of $200,000+
3) Guarantor w/ Equifax Credit Score of 551+
4) No more than 2 outstanding cash advances
5) No review of tax returns and financials
18. How much do you need?
How much can you
qualify for?
âȘ Loan maximums vary from 6% to 22%
of total annual sales (cash and credit
card sales â actual or projected), based
on time in business, and credit
worthiness.
âȘ Example: If average annual sales
volume is $600,000, the potential loan
amount is $36,000 to $75,000.
19. To start the processâŠ
Gather the following information to get
a preliminary (no-obligation) offer:
âą Time in business
(same ownership, concept and location)
âą Personal credit score of the guarantor
- Excellent = 700 +
- Good = 651 â 699
- Fair = 601 â 650
- Poor = 551 -- 600
- Unqualified = < 551
âą Average monthly sales (cash & credit card)
âą Home ownership â Y / N â & current on mortgage
20. EQUIPMENT
FINANCING
âŠAND MORE
We value our relationship with
all of our customers and with
all of our equipment suppliers
and we show itâŠ
* * We communicate with our customers
* We answer questions
* We strive to offer great service now
* and earn future business
* Call us and weâll provide the best service available
* and honest advice on any funding issue
21. Call us and weâll get to work..
CONTACT:
Curtis Funding Group, LLC
Phone: (248) 238-7214
Curt MacRae or Phil Tarchala
Ext. 11 Ext. 14
Email: cmac@curtisfunding.com
philt@curtisfunding.com
Web: www.curtisfunding.com
EQUIPMENT
FINANCING
âŠAND MORE
22. Thank youâŠ
And a short video for our friendsâŠ
248/238-7214
Click (CTRL) graphic, to play video
online: