Pre-Qualify For Equipment Financing Ahead Of Auctions
Get Your Financing Details Ready Ahead Of Sale
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Don’t miss good deals on auctions! Understand your buying power before participating in live or online auctions by applying for equipment financing with CurrencyFinance.
Getting your financing details ready ahead of auctions is essential so that when the auction date arrives, you’ll know the loan amount you can access to benefit your business. CurrencyFinance has extensive experience connecting entrepreneurs with lenders for heavy equipment, farm machinery, trucks, trailers, and more.
We leverage our network of approved financial partners to find you the best equipment loan option under the most favorable terms with little or no money down. If you are sure about the kind of equipment you are looking to buy, you can apply for fast and easy equipment financing. If you’re still looking for the best machine to fit your business needs, you can request loan pre-qualification. Recognizing that auctions are time-sensitive, we expedite the loan review and approval process as much as possible in the days before the sale so you can bid confidently.
How I Can Pre-Qualify For A Loan With CurrencyFinance?
Equipment auctions often give savvy bidders a chance to get a great deal on big-ticket items, so it’s smart to be prepared ahead of the sale. Applying for financing ahead of the auction is a smart, easy way to determine your eligibility for a loan and understand your potential purchasing power. This knowledge helps you set a realistic bidding limit.
There are two ways to get your funding in check ahead of auctions:
(If you already have an equipment in mind)
(If you are still looking for equipment)
As the sale date approaches for major assets—whether through AuctionTime online auctions or Equipmentfacts simulcast live auctions—consider applying for financing with CurrencyFinance. It only takes a few minutes to apply, and most CurrencyFinance customers get approved within an hour. However, to ensure timely processing, it’s always best to submit your no-obligation financing application a few days before the auction.
Note that loan pre-approvals are not guaranteed and are subject to change based on any changes to credit, the total financed amount, equipment purchased, facts discovered during our verification process, and the equipment seller.
Benefits Of Financing With CurrencyFinance
- Equipment loans available up to $500,000, with repayment terms up to 72 months
- $1.4+ billion volume funded, over 225,000 businesses served through CurrencyFinance
- You can focus on equipment within your budget without wasting time on others
- An expert consultant can help you select the best financing option for you and your business
- CurrencyFinance financing approvals are valid for 60 to 90 days, depending on the lender
We will pinpoint your best lending option with the most competitive rate and terms from our pool of approved financial partners. Once you’ve been approved, Currency’s Equipment Loan Calculator can help you figure out how much your payments will be.
Win The Bidding Process With Financing Ahead Of Auctions
Getting your financing in check ahead of time can ensure you’re ready when it’s time to buy. To get started, simply fill out a brief online application with basic information about your business and equipment financing needs.
Conserve Your Capital
Keep cash on hand for unexpected expenses as they come up.
Don’t Miss Opportunities
When the right equipment comes up for auction, you can be ready to buy.
Explore Potential Tax Benefits
Save money with bonus depreciation and the IRS
Section 179 tax deduction
Because auctions are unpredictable, and you may or may not end up the high bidder on the asset in your loan application, Currency’s approvals are flexible. If you don’t win the item, your approved loan will allow you to buy something similar or wait until the next item becomes available.
Get Approved For A Loan Ahead Of Farm Auctions
Tractors are as essential to farmers as the pairs of pliers on their belts. So are tillage equipment and planting equipment in the spring, and combines, headers, and other harvesting equipment in the fall.
Whatever the season, we can connect you with the farm equipment financing pre-approval you need before you bid on agricultural machinery and implements at auction.
Get Approved For A Loan Ahead Of Construction Equipment Auctions
When there’s work to be done, let CurrencyFinance handle your pre-approval for construction equipment financing prior to the next auction.
Whether you need a mini-excavator for utility work, a dozer for land clearing, a forklift for your warehouse, or a crane to place prefabricated concrete for a new building or bridge, you can bid with confidence knowing the budget you’re working with.
Get Approved For A Loan Ahead Of Heavy Truck Auctions
Line up the funds for your next semi truck through CurrencyFinance, and be ready when the auctioneer’s gavel falls on over-the-road trucks as well as dump trucks, straight trucks, box trucks, service trucks, boom trucks, and many more.
Truck drivers are the lifeblood of the economy, hauling food, gas, and consumer goods to customers coast to coast. Truck auctions are lively with the prospect of finding a sleeper truck or day cab with a lot of miles left in it at a bargain price.
Get Approved For A Loan Ahead Of Trailer Auctions
When the trailer you want is coming up on the auction block, make sure you have a good sale with pre-approved semi trailer financing at the ready.
Dry van trailers haul consumer goods and appliances to stores, while refrigerated (reefer) trailers keep food, flowers, and pharmaceuticals safely chilled. Flatbed trailers, lowboys, and drop deck trailers move heavy equipment where it needs to go, and tank trailers transport milk, fuel, oil, and other liquids to market.
Get Approved For A Loan Ahead Of Attachments, Components & Parts Auctions
Does your machinery need an add-on feature? CurrencyFinance makes it easy to get pre-approval for attachments financing. You can also finance components when it’s time to get replacement parts. Just apply for a loan pre-approval two days before you bid on farm attachments.
Attachments you can finance include: loaders, precision ag components, snow plows, hammer breakers, tires, engines, transmissions, and so much more
In addition to traditional equipment financing, Currency offers several financial solutions with flexible repayment schedules.