Credit and qualifying
What we finance
Equipment financing for the businesses that keep America moving.
Heavy equipment, trucking, logging, and a long tail of specialty categories. Same-day pre-approval and lenders that underwrite your business on its own terms.
One application, matched to the right lender from our network. That is the broker advantage: instead of waiting weeks on a single bank's answer, you get same-day pre-approval and terms shopped across lenders that actually fund the categories below.
It works on both ends of the spectrum. Strong-credit operators get better terms than a single bank usually offers, because the lenders compete for the deal. Credit-challenged buyers, including start-ups and B, C, and D paper, get a real shot and a real answer instead of a flat no.
AACFB member, committed to staying current on the lending landscape and what affects your bottom line.
35+ years in financing
loans up to $250,000
Same-day pre-approval
AACFB member
Specialties
Four categories, one number to text.
Each category has its own lender network and underwriting quirks. JCF places loans across all four.
Heavy Equipment & Yellow Iron
Yellow iron is the bulk of what JCF funds. Lenders that understand essential equipment, dealers that know how we work, and structures that fit operators rather than just bank credit boxes.
- Excavators
- Dozers
- Skid-steers
- Wheel loaders
- Backhoes
- Telehandlers
- & more
Trucking & Trailers
Class 8 sleepers down to single-unit owner-operators, plus the trailers that go with them. The widest section of the JCF book — and the one with the most testimonials.
- Over-the-road sleeper tractors
- Day cabs
- Dump trucks
- Box trucks
- Reefer trailers
- Flat-bed trailers
- & more
Logging Equipment
A category banks tend to avoid because of weather risk, seasonality, and resale dynamics. JCF works with lenders who underwrite logging on its own terms.
- Log trucks
- Skidders
- Log loaders
- Processors
- Forwarders
- Delimbers
- & more
Other Equipment Types
The long tail. Agriculture, restaurant, medical, industrial, office. Most of these get placed against the same lender network with category-specific underwriting.
- Agricultural and farming equipment
- Generators, compressors, lifts
- Medical and dental equipment
- & more
How it works
Three steps from inquiry to wheels turning.
- 1
Apply online.
Tell us about your business, the equipment, and the owners. Sensitive details are encrypted the moment you submit.
- 2
Credit review and approval.
We review your credit and match your situation to the right lender on our network.
- 3
Fund and take delivery.
Sign the lender's documents securely off-site. Funds wire to the dealer. You go to work.
Common questions
Questions buyers usually ask first.
An Equipment Finance Agreement (EFA) is one of the most common ways small businesses fund equipment purchases. It looks and feels like a lease, but it's technically not one. With an EFA, you own the equipment from day one, and the lender secures their position with a UCC filing or a title lien.
Because you own it, the equipment shows up on your balance sheet, and you handle depreciation on your end. For most operators, an EFA is a cleaner fit than a lease.
A collateral loan uses other lien-free equipment you already own as security for new financing. It's a common tool when your credit profile or time in business makes a lender hesitant on the deal alone.
Lenders typically want a two-to-one ratio. To borrow $30,000 against collateral, you'd put up roughly $60,000 in lien-free equipment. The exact ratio depends on the lender and the equipment, but two-to-one is a reasonable starting expectation.
Credit matters, but it's one factor among many. Lenders also look at time in business, homeownership, the type of business you run, how many guarantors are on the loan, and your history with similar-sized loans.
Strong credit gets you the best rates. Weaker credit doesn't automatically disqualify you. There are lenders that specialize in B, C, and D credit tiers, and we work with them when it makes sense for your situation.
If a bankruptcy hasn't been discharged, no lender will fund a new loan. That part is universal.
Once it's discharged, the picture changes. Different lenders set different waiting periods, usually two to five years after discharge. The right lender depends on the type of bankruptcy, what's happened with your business since, and the size of the deal. Worth a phone call to walk through.
Financing partner
The financing partner for Heavy Equipment AI.
Joslen Commercial Funding is the financing partner for Heavy Equipment AI, an online marketplace for new and used heavy equipment and trucks from dealers across North America. Find your next machine there, and we'll line up the financing.
What customers say
Real operators. Real deals.
Tim worked with the lender to delay my first payment for 90 days. I will definitely be using Joslen Commercial Funding for my next purchase.
Daymeon BradfordWorldwide Web Solutions Transport, LLC, View Park, CA Tim found a lender that understood my need for the skid-steer and got me rates and terms far below the larger lenders. Very nice and helpful guy.
Eric GuillenGuillen Truck Lines, LLC, Fort Hancock, TX Professional, conscientious, and consistent with communication. We came back to JCF for a working capital loan after the dump truck deal closed.
Sandra MarshPacific Crest Excavating, Battle Ground, WA
Related reading
Credit and qualifying
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