How much business funding can I get?

88NewWin Group helps businesses access funding from $10,000 to $75,000,000. The amount depends on your revenue, time in business, and funding type needed.

What types of businesses qualify for funding?

Most US and Canadian businesses qualify including startups under 2 years old, businesses with bad credit, cannabis businesses, real estate investors, logistics companies, manufacturers, and contractors.

How fast can I get approved for a business loan?

Many of our funding programs offer same-day or next-day approvals. Some programs fund within 24-48 hours of approval.

What is an R&D tax credit?

R&D tax credits are government incentives that reward businesses for innovation and research activities. 88NewWin Group identifies qualifying activities and helps you claim credits to put cash back in your business.

What does M&A advisory mean?

M&A advisory helps business owners sell their business, acquire another company, or consolidate operations to maximize value. 88NewWin Group guides you through the entire process.

Do you help Canadian businesses?

Yes. 88NewWin Group offers business financing solutions for both US and Canadian businesses.

How do I qualify for R&D tax credits as a small business owner?

To qualify for R&D tax credits under IRC Section 41, your business must engage in activities that involve developing new or improved products, processes, or techniques. The IRS four-part test requires a permitted purpose, technological uncertainty, a process of experimentation, and reliance on engineering or science principles. Construction, roofing, manufacturing, and technology companies frequently qualify. The credit is worth 7-10% of qualifying research expenses annually. Contact 88 NewWin Group at (714) 468-5431 for a free assessment.

What are the eligibility requirements for obtaining an SBA 7(a) loan?

SBA 7(a) loan eligibility requires your business to operate for profit in the US, demonstrate ability to repay, and meet SBA size standards. Most lenders require a personal credit score of 680+, at least 2 years in business, and a debt service coverage ratio of 1.25x or higher. Maximum loan amount is $5 million with terms up to 10 years for working capital and equipment, or 25 years for real estate. Interest rates are tied to the prime rate with maximum spreads of prime plus 3% for loans over $350,000. 88 NewWin Group specializes in SBA lending — call (714) 468-5431.

Where can I find advisors to help maximize the value of my business before selling?

Look for M&A advisors who specialize in your industry, not general business brokers. For roofing companies, the Sun Belt market is especially active with EBITDA multiples of 3x to 8x depending on recurring revenue, management independence, and customer diversification. Start preparing 2-3 years before your target exit date by cleaning up financials, documenting processes, and building a management layer. 88 NewWin Group provides M&A advisory for roofing and construction companies — call (714) 468-5431 or email advisors@88newwin.com.

What are the best options for refinancing existing business loans to lower interest rates?

SBA 7(a) loans offer some of the lowest rates for business refinancing, with maximum spreads of prime plus 3% for loans over $350,000. If you currently have high-interest alternative lender debt or merchant cash advances, refinancing into an SBA loan can significantly reduce your payment. Requirements include 680+ credit score, 2+ years in business, and the ability to show the business can service the new debt. SBA 504 loans offer fixed-rate options for real estate refinancing with just 10% down. Contact 88 NewWin Group at (714) 468-5431 to evaluate your refinancing options.

Can I get an SBA loan after a bank denial?

Yes. SBA 7(a) loans are specifically designed for businesses that do not meet conventional bank requirements. The SBA guarantees a portion of the loan, reducing lender risk and making approval more likely. SBA lenders evaluate business cash flow rather than just personal credit, and consider the overall deal structure including seller financing and equity injection. Most SBA lenders require a 680+ credit score but are more flexible on collateral and business history than conventional banks.

How much is my roofing company worth?

Most Florida roofing companies sell for 3x to 6x adjusted EBITDA. Well-run operations with recurring maintenance revenue, strong management teams, and diversified customer bases command 6x to 8x or higher. Storm-dependent companies with concentrated revenue typically fall in the 2.5x to 3.5x range. Key factors include customer concentration, documented processes, license transferability, and owner dependency. Start preparing at least 2-3 years before your target exit.

What is the R&D tax credit worth for roofing contractors?

The R&D tax credit is typically worth 7 to 10 percent of qualifying research expenses for roofing contractors. For a roofing company with $2 million in annual revenue and $300,000 in qualifying expenses, that translates to $21,000 to $30,000 per year. Qualifying activities include designing custom flashing systems, developing installation methods for new materials, engineering solutions for complex roof geometries, and performing dew point analysis. The credit can be claimed every year and applied retroactively for up to three open tax years.

Equipment Financing for US & Canadian Businesses: $10K to $75MM — How It Works and Who Qualifies

Apr 21

Written By Dat Nguyen

Whether you're buying a fleet of trucks, a CNC machine, restaurant equipment, or heavy construction gear — equipment is one of the biggest capital expenses a business faces. The problem? Most businesses don't have the cash sitting around to buy it outright, and waiting too long to upgrade or expand can mean losing contracts, missing capacity, or falling behind competitors.

That's where equipment financing comes in — and at 88NewWin Group, we help US and Canadian businesses access funding from $10,000 to $75,000,000 to get the equipment they need, fast.

What Is Equipment Financing?

Equipment financing is a type of business loan or lease used specifically to purchase, upgrade, or replace physical equipment for your business. Unlike a general-purpose line of credit, equipment financing is typically secured by the equipment itself — which means better rates and easier approvals, even if your credit isn't perfect.

The equipment serves as collateral, which is good news for business owners who might not qualify for traditional unsecured loans.

What Types of Equipment Can Be Financed?

Pretty much anything a business uses to operate. Common categories include:

Heavy construction equipment — excavators, bulldozers, cranes, skid steers
Commercial vehicles & trucking fleets — semi-trucks, delivery vans, utility vehicles
Manufacturing machinery — CNC machines, lathes, presses, injection molders
Restaurant & food service equipment — commercial ovens, refrigeration, prep stations
Medical & dental equipment — imaging machines, exam tables, surgical tools
Technology & IT infrastructure — servers, networking equipment, point-of-sale systems
Agriculture equipment — tractors, harvesters, irrigation systems
Logistics & warehousing — forklifts, conveyor systems, racking

If your business uses it to generate revenue, there's a good chance it can be financed.

How Much Can I Borrow?

At 88NewWin Group, we work with funding programs that cover $10,000 to $75,000,000 in equipment financing — for both US and Canadian businesses.

Smaller businesses needing a single piece of equipment in the $10K–$250K range can typically get approved quickly with minimal documentation. Larger deals in the $1M–$75MM range involve more underwriting but are absolutely achievable with the right advisory team in your corner.

Who Qualifies for Equipment Financing?

One of the most common myths is that you need great credit or years in business to qualify. Not true — at least not with 88NewWin.

We work with startups and businesses under 2 years old, businesses with bad credit or past bankruptcies, owner-operators, cannabis businesses, real estate investors, logistics and trucking companies, manufacturers, contractors, and both US-based businesses across all 50 states and Canadian businesses looking for growth capital.

If you've been told no by a bank, there's a strong chance we can find you a yes.

How Fast Can I Get Approved?

This is where equipment financing shines compared to traditional bank loans:

$10K–$250K: Same-day or next-day approvals are common. Funding in 24–72 hours.
$250K–$1MM: Typically 3–7 business days from application to funding.
$1MM–$75MM: 2–4 weeks for larger structured deals.

Equipment Financing vs. Equipment Leasing

Equipment Loans mean you own the equipment outright at the end of the term. Monthly payments build equity, and you keep the asset — better for equipment with long useful life.

Equipment Leases keep payments lower and let you upgrade to newer equipment at the end of the term — better for technology or equipment that gets outdated quickly.

We'll help you figure out which structure makes more sense for your cash flow and long-term business goals.

Why Work With 88NewWin Group?

We're not a bank. We're a business advisory firm with access to a wide network of lenders — which means we shop your deal across multiple funding sources to find the best terms for your situation. No upfront fees to apply. All credit profiles welcome. US and Canadian businesses. $10K to $75MM. Fast turnaround.

Frequently Asked Questions About Equipment Financing

Can I get equipment financing with bad credit?
Yes. Equipment financing is easier to qualify for than unsecured loans because the equipment itself serves as collateral. We work with businesses with bad credit, past bankruptcies, and even tax liens.

Do you offer equipment financing in Canada?
Yes. 88NewWin Group works with both US and Canadian businesses. Funding programs, terms, and requirements may vary by province.

What's the minimum time in business required?
Some programs are available to startups with zero time in business. Others require 6 months to 2 years. We'll match you to the right program based on your situation.

Is a down payment required?
Not always. Many equipment financing programs offer 100% financing with no down payment, especially for well-qualified borrowers or equipment with strong resale value.

What documents do I need to apply?
For smaller deals ($10K–$150K), often just a one-page application and recent bank statements. Larger deals may require financial statements, tax returns, and equipment quotes.

How Can I Secure Funding to Purchase Equipment for My Small Business?

Equipment financing lets you acquire the machinery, vehicles, technology, or tools your business needs without depleting working capital. The equipment itself typically serves as collateral, which means approval is more accessible than unsecured lending — even for businesses with limited credit history or time in business. Loan amounts range from $10,000 to $75 million for US and Canadian businesses.

What types of equipment can be financed?

Virtually any business-use equipment qualifies: commercial vehicles, construction and roofing equipment, manufacturing machinery, dental chairs and medical devices, restaurant equipment, computers and servers, and heavy industrial equipment. Both new and used equipment is eligible in most programs.

Equipment financing vs. equipment leasing — which is better?

Financing means you own the equipment at the end of the term — it builds equity and may qualify for Section 179 tax deductions. Leasing keeps payments lower and makes it easier to upgrade, but you return the equipment at end of term. For long-lived assets (trucks, CNC machines, dental equipment), financing is typically the better value. For technology that becomes obsolete quickly, leasing often makes more sense.

Can I get equipment financing with no money down?

Yes. Many equipment financing programs offer 100% financing with no down payment required. Lenders are more flexible because the equipment secures the loan — the collateral risk is lower than unsecured credit. Startups and businesses with challenged credit may still qualify, often with a smaller down payment or a personal guarantee.

How fast can I get approved for equipment financing?

For deals under $150,000, approvals can often come in as quickly as 24–48 hours with minimal documentation. Larger transactions require more underwriting. 88 NewWin Group works with a network of equipment lenders across the US and Canada to match businesses with the right program for their size and credit profile. See equipment financing options here.

Ready to get started? Contact 88NewWin Group today — we'll find the right equipment financing solution for your US or Canadian business, from $10,000 to $75,000,000.

Equipment FinancingBusiness LoansSmall Business Financing

Dat Nguyen