We are experts financing commercial equipment with a strong focus on customer service. Since 1996 our government has financed and leased more than $ 1.4 billion in commercial property. If you have any questions about our services, please contact us.
We are tenured equipment financing experts that provide quick lending decisions with a strong focus on customer service. Our values are ingrained in our day to day operations:
Our rates are competitive and in line with the industry. Rates are contingent upon the financing terms, equipment, equipment cost, applicant’s corporate financial situation and personal credit of the company owner(s).
Yes, depending on the transaction size we can charge a 1% closing fee. Other lenders charge a closing fee of up to 2.5%.
Depending on the equipment, CEFI requires a 5%-20% down payment; traditional banking institutions may require a 20%-25% down payment.
No. As specialized and experienced equipment lenders, we strive to find alternatives to help applicants obtain the equipment financing they need.
Some factors we review and seek are that the business generates sufficient revenues to make schedule loan/lease payments, that it maintains a satisfactory payment history, has substantial work on hand and that the owner shows satisfactory payment history.
Yes, depending on the equipment type, CEFI finance used equipment 7 years old or less.
Terms range from 24 months up to 72 months.
The minimum amount finance is $15,000 and the maximum is $1,000,000 but could be greater depending on the equipment to be finance.
No, CEFI does not charge an application fee.
As a specialized and experienced equipment financing company, we pride ourselves on our efficient financing process, which typically takes 2-3 business days (once we have received required client documents).
650 Luis Muñoz Rivera Ave. Suite 101 (Hato Rey - Monte Mall) San Juan, Puerto Rico