Equipment Financing Requirements and Documents

Equipment financing preparation begins with the transaction itself: the equipment, its intended business use, and whether the discussion concerns an equipment purchase, refinance, or lease option.

Confirmed Meridian program information

For the Equipment Financing programs presented through Meridian, published parameters include funding amounts from $25K to $300M, terms up to 7 years, rates starting at 6%, startup options that may be available, and no minimum FICO requirement.

These are approved program facts. They do not replace a transaction-specific conversation or establish universal requirements for every equipment financing request.

Common transaction information to prepare

A financing provider may ask for information that helps explain the equipment and commercial context. The following is a practical preparation list, not a universal document checklist.

• Equipment description and intended use
• Quote or invoice and seller information for a purchase discussion
• Business and ownership information relevant to the transaction
• Existing obligation, payoff, or lien information for a refinance discussion

Keep purchase and refinance preparation separate

A purchase discussion generally starts with the equipment, seller, and planned use. A refinance discussion also benefits from an accurate picture of the current obligation and any available payoff or lien information.

For either path, Meridian can clarify what information is relevant after reviewing the transaction. Do not assume that a document listed here is always required.

Before contacting Meridian

Prepare a short description of the business need, equipment involved, and preferred timing for a conversation. If the request is a refinance, having current obligation information available can help frame the discussion.

Meridian will assess the transaction and explain next steps; availability, final terms, and documentation depend on the program and review.

Common questions

Are these universal equipment financing requirements?

No. This page is a preparation resource. The information Meridian reviews and the documents requested depend on the transaction and current program review.

What approved program facts does Meridian publish?

Published Equipment Financing parameters presented through Meridian include $25K to $300M, terms up to 7 years, rates starting at 6%, startup options that may be available, and no minimum FICO requirement.

What is helpful to have before a refinance discussion?

Existing obligation, payoff, lien, and equipment information may be relevant. Meridian will confirm what is appropriate for the transaction.