Are you a business owner in Baltimore County looking for equipment financing options? You're in luck! There are a number of lenders in the area that specialize in equipment financing, from traditional banks to non-traditional online lenders. In this article, we'll explore the top equipment finance companies in Maryland and the surrounding area, as well as other options available to businesses in Baltimore County.
Madison Capital Equipment & Car Leasingis one of the leading equipment leasing companies in Maryland. They offer 100% financing for small business equipment leases, allowing businesses to conserve working capital for other uses.
Plus, they never have to worry about their equipment becoming obsolete before it's fully paid for.
Chesapeake Leasingis another great option for businesses in Maryland, offering trucks, buses, construction equipment and more in new and used options. They provide 24-hour response to credit requests and flexible payment options.
My Commercial Capitalis a local company that works directly with Baltimore businesses to provide them with financing solutions that allow them to obtain the equipment they want.
While Baltimore account holders have long recommended the service, startup owners say they have difficulties with the lender. Baltimore customers say this lender has a team that exceeds expectations, but the company could be more transparent about fees. For those looking for alternative financing options, there are a number of nonprofit organizations and government programs available to small businesses in Baltimore County. The Maryland Small Business Development Finance Authority, the Baltimore Development Corporation, and Baltimore Business Lending all offer loan programs for nonprofit organizations.
Additionally, the 21st Century Cities Initiative at Johns Hopkins University has found that Baltimore has fewer commercial lenders than many other cities of similar size. No matter what type of business you have or what type of equipment you need, there are plenty of options available to you in Baltimore County. From traditional banks to non-traditional online lenders, there are plenty of lenders that specialize in equipment financing. Be sure to do your research and find the best option for your business.