At Brooklands Equipment, we offer straightforward in-house financing solutions designed to make your equipment purchase easy, affordable, and efficient. With a minimum down payment of $10,000, a fixed 4% annual interest rate, and financing terms available for up to 72 months, we provide flexible options to fit your needs.
Below is a step-by-step outline of our financing process:
Application Submission ποΈπ
Begin by completing our financing application. You can submit your application:
π Online through our secure portal
π’ In person at our dealership
βοΈ By contacting our financing department directly
The application will require basic business and personal information necessary for credit evaluation.
Review and Approval β
π
Our financing team will promptly review your application, typically within 1β2 business days.
We may request additional documentation if needed to complete the approval process. Once approved, we will present you with a financing proposal customized to your requested term (up to 72 months).
Down Payment π΅π
A minimum down payment of $10,000 is required to initiate financing. Depending on the total value of the equipment and your credit profile, a larger down payment may be requested.
π³ Payment Method: All down payments must be made via wire transfer.
π Wire transfer instructions will be provided once your financing terms are finalized.
The down payment will be directly applied to the total purchase price, reducing your financed balance.
Financing Agreement βοΈπ
Following the down payment, we will prepare a financing agreement outlining:
β’ The financed amount after down payment π°
β’ A fixed 4% annual interest rate π
β’ Your monthly payment schedule π
β’ The agreed-upon financing period (up to 72 months) β³
β’ Payment terms and conditions π
We encourage all customers to review the agreement carefully. Our team is available to answer any questions before you sign. π€
Equipment Release ππ¦
Upon completion of the financing agreement and confirmation of your down payment via wire transfer, we will coordinate the release or delivery of your equipment. π οΈ
Your Brooklands Equipment representative will work with you to schedule delivery at your convenience. ππ
Payment Schedule π³π€
Monthly payments must be made via wire transfer according to the terms specified in your financing agreement. Each invoice will include our wiring instructions for easy processing. π§Ύπ
Late payments may be subject to additional fees as outlined in your agreement. β οΈπΈ
Account Support ποΈπ
Throughout the life of your financing, our support team is available to assist with:
β’ Payment questions βπ¬
β’ Payoff information π§Ύπ
β’ Term adjustments (subject to approval) πποΈ
β’ Early payoff options π¨π
We are committed to providing excellent service long after your purchase. ππ
Ready to Get Started? ππ²
Complete your financing application today and take the first step toward owning the equipment you need. π»π₯