Flexible Financing Options at Colossal Diamond Tools: Empowering Your Business Growth
At Colossal Diamond Tools, we understand that having access to the right financing is crucial for the success of your projects. That’s why we have partnered with Ascentium Capital (A Regions Company) and Regions Bank to offer a range of tailored loan programs designed to meet your specific needs. Explore our financing options below to find the perfect solution for your business.
Ascentium Capital (A Regions Company)
Ascentium Capital provides flexible and accessible financing solutions to help you get the equipment and tools you need without delay. Key features of their financing program include:
- Minimum Deal Size: $5,000
- Rates: Mid 8%
- Terms: Up to 6 years
- Down Payment: As low as 0%, with the ability to include soft costs
- Funding Time: As low as 24 hours
With Ascentium Capital, you can enjoy quick funding times and minimal down payments, allowing you to focus on what matters most—completing your projects efficiently and effectively.
Regions Equipment Finance
Regions Equipment Finance specializes in providing financing for larger equipment purchases. Their competitive rates and terms are tailored for substantial investments. Key details include:
- Minimum Deal Size: $25,000
- Rates: Low 9%
- Terms: Up to 10 years
- Down Payment: Minimum 20%, with soft costs rarely included
- Funding Time: 48 to 72 hours minimum
This program is ideal for businesses planning significant equipment investments, offering extended terms and competitive rates to support your growth.
Regions SBA Lending
For businesses seeking comprehensive, long-term financing solutions, Regions SBA Lending offers structured loans under the Small Business Administration (SBA) guidelines. The main features are:
- Minimum Deal Size: $50,000
- Rates: Mid 10%
- Terms: Up to 15 years
- Equity Injection: 10% of the total project cost, with the possibility to include soft costs
- Funding Time: 25 business days
Regions SBA Lending is perfect for businesses looking for substantial funding with extended repayment terms, ensuring manageable monthly payments and support for large-scale projects.
How to Apply
Applying for these financing options is straightforward. Simply visit our website or contact our sales team for more information. Our experts will guide you through the process, ensuring you select the financing program that best suits your needs.