Equipment Financing
After a Bankruptcy.
A discharge is not a permanent no. What lenders in this space actually weigh, and how recent payment history changes the file.
A bankruptcy on your record feels like it should be the end of the conversation with any lender. It is not, and the reason comes down to how lenders read time. A discharge is a fresh start on paper, and what most lenders care about is what you have done since. A business that came through a bankruptcy and then strung together a stretch of clean, on time payments is telling a very different story than the file looked like on the day of the filing.
The single most important thing you can build after a discharge is recent payment history. Roughly a year of showing that your obligations are being met on time changes how a lender sees the file, because it demonstrates the situation that led to the bankruptcy is behind you and the business is now paying as agreed. The bankruptcy is still there, but it is aging, and fresh positive history sits on top of it. Lenders in this space are used to seeing exactly this, and a year of clean history after a discharge is often the difference between a file that gets a real look and one that does not.
The equipment matters here too. Because the equipment secures the financing, a machine that holds its value gives a lender a reason to move forward on a file that credit alone would not carry. Pair a year of clean post discharge payments with equipment that makes for solid collateral, and you have the two things a lender in this space most wants to see.
We will be honest with you about where you stand. Depending on how recent the discharge is and how much clean history you have rebuilt, you may be looking at a larger down payment, a shorter term, or a payment higher than a borrower with no bankruptcy would see. We would rather set that expectation early than have it come as a surprise. What we will not do is promise an approval, because no one can guarantee a lender's decision. What we can do is take your file to a lending partner whose program is built for post bankruptcy situations and give it an honest, well matched shot.
If you have come through a bankruptcy and your business needs equipment, the timing matters more than you might think, and it is worth a conversation about where your file stands today. Financing up to $5 million plus.
Frequently asked questions
Can I get equipment financing after a bankruptcy?
Often yes, especially once you have rebuilt some clean, on time payment history since the discharge. The bankruptcy stays on your record but ages, and fresh positive history changes how lenders read the file. No one can guarantee an approval, but a past bankruptcy does not permanently close the door.
How long after a bankruptcy should I wait?
Roughly a year of clean, on time payment history after the discharge tends to make a meaningful difference, because it shows the situation is behind you and the business is now paying as agreed. Sooner is possible in some cases but usually with tighter terms.
Does the type of equipment matter?
Yes. The equipment secures the financing, so a machine that holds its value gives a lender a reason to work with a post bankruptcy file that credit alone would not carry.
What terms should I expect?
Depending on how recent the discharge is and how much clean history you have rebuilt, expect the possibility of a larger down payment, a shorter term, or a higher payment than a borrower with no bankruptcy. We will tell you honestly what is realistic before you apply.
Coming out of a bankruptcy? Let's look at it honestly.
Soft pre-qualification to start. A full credit review may be part of final approval. We match post bankruptcy files to the lenders built for them, not the ones that decline on sight. Any dealer or private party, new or refurbished, up to $5 million plus. No obligation.
All financing subject to credit approval. Not a commitment to lend.