Why should I finance my equipment with CEFI?

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:

  • Commitment to our clients, community and CEFI family
  • Excellent product, industry and collateral knowledge
  • Financial strength, ample lending capacity and asset diversification
  • Integrity, professionalism, honesty, reliability
  • Automatic ACH Debits (fill out ACH form)
  • Send copy of check via e-mail [email protected]
  • Deliver or send check via mail: 650 Ave. Luis Muñoz Rivera, Suite 400, San Juan, PR 00918
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 can 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 scheduled 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 financed is $15,000 and the maximum is $2,000,000, but could be greater depending on the equipment type.
No, CEFI does not charge an application fee.
  • Credit Application Completed
  • Equipment Invoice
  • Last 6 Bank Statement
  • Last 2 Tax Returns
  • Personal Financial Statement
  • Valid Picture ID
As a specialized and experienced equipment financing company, we pride ourselves on our efficient financing process, which typically takes 1 to 2 business days (once we have received required client documents).
  • Fill out our Application and submit required documents
  • Credit evaluation
  • Credit decision
  • Contract signing (closing)
  • Fund transaction
  • Two Party Loan and Security Agreement
  • Capital Leases
  • Operating Leases
  • Sale Leasebacks