Commercial
Equipment Financing in Columbus, OH
Secure your Equipment Financing in Columbus with a lender who understands the local landscape. We serve all of Franklin County, including German Village and Dublin, offering fast approvals and personalized service.
Key Facts About Equipment Financing
CMRE Equipment Financing ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Equipment Financing.
CMRE Equipment Financing closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Equipment Financing ranges $250K to $50M.
CMRE commercial bank statement programs for Equipment Financing.
CMRE Equipment Financing closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Competitive rates starting at 8.5% for eligible businesses.
Flexible repayment terms to match your cash flow.
Financing available for a wide range of equipment types.
Streamlined application and approval process for quick access to capital.
Maximize your purchasing power with up to 75% Loan-to-Value (LTV).
Minimum FICO score of 640 allows access for many businesses.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$50,000 - $5,000,000
Amortization Options
Eligible Properties
- Manufacturing Facilities
- Warehouses
- Retail Spaces
- Office Buildings
Program Requirements
Income Documentation
- •Demonstrate consistent revenue stream sufficient to cover loan payments.
- •Provide detailed financial statements for the past 2-3 years.
- •Business tax returns for the past 2-3 years.
Asset Verification
- •List of existing business assets and their appraised value.
- •Documentation of any collateral offered to secure the loan.
- •Bank statements demonstrating sufficient cash reserves.
Insurance & Title
- •General liability insurance to protect against unforeseen circumstances.
- •Property insurance covering the equipment being financed.
- •Business interruption insurance to mitigate potential revenue loss.
Property Requirements
- •Minimum FICO score of 640 or higher.
- •Demonstrate a strong history of responsible credit management.
- •Provide information on any existing business loans or lines of credit.
- •No recent bankruptcies or significant credit issues.
Equipment Financing in Columbus: The Complete Guide
What Is Equipment Financing?
Equipment financing allows businesses to acquire necessary equipment without depleting their working capital. Instead of paying the full purchase price upfront, businesses can make manageable monthly payments over a set period. This type of financing is crucial for growth and maintaining a competitive edge.
Qualifying for Equipment Financing
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Equipment Financing vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Equipment Financing with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
Equipment Financing Comparison: Commercial vs SBA vs Residential
- •Commercial loans are underwritten on property net operating income (NOI) with typical DSCR requirements of 1.20x-1.25x. SBA loans offer lower down payments (10%) for owner-occupied commercial but require agency approval adding 15-30 days.
- •CMRE commercial bank statement programs allow self-employed borrowers to qualify using 12-24 months of business bank statements instead of tax returns and financial statements, significantly simplifying the documentation process.
- •For mixed-use properties (commercial + residential), CMRE evaluates which program structure provides the best terms. Properties with 51%+ commercial use qualify for commercial lending; properties with 51%+ residential may qualify for more favorable residential terms.
- •CMRE structures commercial loans with flexible terms: 5, 7, or 10-year fixed periods with 25-30 year amortization, interest-only options for cash flow optimization, and prepayment structures tailored to your business plan.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Equipment Financing in Columbus, OH
Columbus OH mortgage lending. Conventional, FHA, and VA programs for Franklin County. Custom Mortgage & Real Estate specializes in providing high-fidelity Equipment Financing solutions tailored to the unique economic landscape of Columbus and the surrounding Franklin County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireColumbus metropolitan area.
Service Areas & Neighborhoods
Our Columbus Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About Equipment Financing in Columbus
What are current Equipment Financing rates in Columbus, OH?
Equipment Financing rates in Columbus depend on loan amount, credit profile, and property type. CMRE publishes updated Columbus rate ranges daily and provides locked quotes within 24 hours of application.
How long does Equipment Financing closing take in Columbus?
CMRE typically closes Equipment Financing loans in Columbus within 21-30 days from application. Pre-approval takes 24 hours, and our OH-licensed team coordinates title, escrow, and appraisal concurrently to save time.
What commercial property types qualify in Columbus?
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Columbus and throughout Franklin County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Does CMRE offer SBA loans in Columbus?
Yes. CMRE is an SBA Preferred Lender in Columbus. We offer SBA 7(a), 504, and Express loans for Franklin County business owners purchasing or refinancing commercial real estate.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
A wide range of equipment can be financed, including manufacturing machinery, construction equipment, medical devices, transportation vehicles, and office equipment. The eligibility depends on the lender's specific criteria and the equipment's intended use.
Equipment financing terms typically range from 3 to 10 years, depending on the type of equipment, the loan amount, and the borrower's creditworthiness. Shorter terms result in higher monthly payments but lower overall interest paid, while longer terms offer lower monthly payments but higher overall interest costs.
In most cases, the equipment being financed serves as collateral for the loan. However, lenders may also require additional collateral, such as other business assets, depending on the loan amount and the borrower's financial profile.
CMRE Equipment Financing starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
30-60 days depending on complexity. SBA: 45-90 days.
Equipment Financing by Location
Get local rates, loan limits, and market data for Equipment Financing in your area.
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GA
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
