Equipment Financing
For companies with capex requirements. Just-in-time financing. Flexible equipment lines that grow with business. Hardware-as-a-service. Additional capital incremental to existing debt.
What is Equipment
Financing?
This financing option originated to allow revenue-ramping start-ups to acquire capital-intensive operating equipment while preserving equity and reducing the overall cost of capital.
Raise up to $100M of equipment capital
access to just-in-time financing
incremental to your existing equity and debt facility
finance previously purchased assets
Entrepreneurs can maximize their enterprise value with equipment financing by extending their runway with a meaningful amount of non-dilutive capital. This kind of facility is only covered by the financed equipment, which gives the company flexibility on raising additional debt to further grow the business.
This financing option originated to allow revenue-ramping start-ups to acquire capital-intensive operating equipment while preserving equity and reducing the overall cost of capital.
Entrepreneurs can maximize their enterprise value with equipment financing by extending their runway with a meaningful amount of non-dilutive capital. This kind of facility is only covered by the financed equipment, which gives the company flexibility on raising additional debt to further grow the business.
Raise up to $100M of equipment capital
access to just-in-time financing
incremental to your existing equity and debt facility
finance previously purchased assets
Hermeus’s Chimera Engine
Equipment financing is a focused piece of financing that is applicable to asset-heavy companies that want to be able to draw on the equipment line as they grow and scale their business.
Different types of equipment includes essentials like manufacturing and production equipment, robotics, test equipment, laboratory equipment, hardware-as-a-service, and other equipment that helps a company ramp up operations and achieve its next milestone.
Hermeus’s Chimera Engine
Benefits of Equipment Financing
Equipment financing increases working capital, and cash runway, and reduces equity dilution for businesses that require essential equipment and have large capex needs to scale operations.
Just In Time
Draw down the funds when you need them
Runway Extension
Lengthens cash runway, incremental to equity and debt financing
Focused Financing
Equipment specific lien does not impact the credit position of other lenders
Hardware-as-Service
Financing revenue generating equipment that can be highly customized
A scientist works in a lab at Greenlight Biosciences
Industries We’re Involved In
Certain industries are more capital-intensive than others. We’re excited to have partnered with a wide range of industries.
A scientist works in a lab at Greenlight Biosciences
Aerospace
Agricultural Equipment
Alternative Protein
Clean Technology
Energy
Food and Beverage / CPG
Information Technology
Life Sciences
Oil and Gas
Robotics
Semiconductors
Transportation
“ From space exploration to understanding atomic interactions, hardware is at the heart of some of the most amazing technologies and companies in the world. ”
Ryan Little
Senior Managing Director, Equipment Financing