Business Equipment Loans in Ravenna, OH
Equip your rocket with tools, vehicles, inventory, even
excavators. Anything you need to stay in orbit
You Have The Skills, Now Get The Tools
From forklifts to fryers, our equipment loans in Ravenna, OH, are tailored to meet your unique needs. Work with us to take your business from the ground floor to the stratosphere.
Huge Loan Amounts
Get the equipment financing you need, from small upgrades to large investments, tailored to your needs.
Flexible Repayment Terms
Select repayment plans that fit your business's budget, with terms designed for long-term success.
Fast Application Process
Apply quickly and easily, with minimal paperwork and fast approval to meet your business needs.
Not Just Ravenna Equipment Loans
At StartCap, we offer a variety of loan products, including secured loans and lines of credit, each designed to help businesses grow. From initial investment to expansion, we have the financing to support you.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Ravenna or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Ravenna, OH
If you're looking for equipment loans in Ravenna you're in the right place! Our services extend to nearby cities, offering businesses the financing they need to reach new heights. From Kent to Akron and beyond, we've got you covered.
Equipment Loan FAQ's
Ravenna, Ohio sits in Portage County with a rich industrial heritage and growing small business community. Local business owners seeking equipment financing often find themselves searching for reliable lending solutions tailored to their specific operational needs and budget constraints.
Equipment loans represent critical financial resources for regional businesses looking to upgrade machinery, technology, or manufacturing capabilities. StartCap occasionally provides financing options for businesses in the Ravenna region, offering potential support for local start-ups and established enterprises alike.
Here are a few local suggestions:- FirstMerit Bank at Main Street & Center Road
- Portage Community Bank at Franklin Street & Cleveland Road
- PNC Bank at West Main Street & Sycamore Street
- KeyBank at Chardon Road & State Route 14
- Farmers State Bank at Kent Road & Edison Street
- Third Federal Savings and Loan at Aurora Street & Main Street
Interest rates for equipment loans in Ravenna, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Ravenna, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
No, you don't even need to be registered with your state to receive funding. In most cases we can either help you get registered with your state or find alternatives that depend more on personal credit, income or assets.
Equipment loans in Ravenna, OH support diverse business needs across Portage County. Local founders can finance crucial machinery for restaurants, construction sites, agricultural operations, and manufacturing facilities. Business owners might secure funding for commercial ovens, tractors, excavators, kitchen appliances, and specialized industrial machinery.
Small business financing options extend beyond traditional bank requirements in northeastern Ohio. Local lenders understand the region's economic landscape, offering flexible terms for restaurant equipment, farming implements, heavy construction machinery, and precision manufacturing tools essential for regional economic growth.
