Batch Capital for Equipment Dealers: Close the Sale the Customer Cannot Pay Cash For.

The customer wants the machine and the bank wants two years of returns. Give them a financing answer while they are still on the lot.

Become a Referral Partner

Equipment Dealers and Vendors

Same day
File read by a person
$5,000 to $2M
Funding range
6
Product lines, one desk
Written
Partner agreement
Why your clients need funding

The Quote Is Accepted. The Cash Is Not There.

Four points where a dealer loses a sale to financing.

The customer is too new for the bank

A business under two years old is often declined by a bank and approved by an equipment lender.

Used and specialty equipment

Older units and niche machines that captive finance programs will not touch.

The install and the training

Soft costs and working capital the equipment loan does not cover, funded alongside it.

Fleet and multi-unit orders

A customer buying several units at once needs a lender that sizes to the deal, not a single machine.
How the referral works

Quote the Machine. We Finance It.

01

Send the customer and the quote

The invoice or quote, the customer's contact and three months of statements.

02

Matt reads the file same day

A person reads the statements the day they arrive and calls the client with a straight answer.

03

Offers before they leave

Equipment financing terms from 2 to 7 years, plus working capital if the install needs it.

04

You are paid when it funds

Paid on every file that funds, under a written partner agreement, with a written disclosure you can hand the client.

Become a Referral Partner
Every line of credit

One Desk for Every Kind of Funding.

Term loans, SBA loans, lines of credit, equipment financing and advances, matched to what the business actually needs.

Term loans

Up to $5,000,000 through our bank partners, fixed payments over up to 12 years, from 8.77% APR.

SBA loans

SBA 7(a) and 504 loans up to $5,000,000 for expansion, real estate and buying a business, over 5 to 25 years.

Lines of credit

Draw what you need when you need it, and pay interest only on what is outstanding.

Equipment financing

Trucks, machines and buildouts, financed against the equipment itself over 2 to 7 years.

Working capital advances

Funded by us with our own capital, as fast as same day, repaid from card sales or a fixed transfer.

Consolidation and refinancing

Roll existing advances or high-cost debt into one structure the business can carry.
The rules for your profession

Refer the Buyer. We Present the Terms.

No New Jersey or New York rule bars a vendor referral fee on a commercial sale. New York regulates who presents the offer.

  • Under New York's commercial finance rule, a person paid to negotiate terms, prepare the application or relay decisions is a broker with disclosure duties (23 NYCRR 600.1). A pure referral is carved out.
  • We prepare the application and present the terms ourselves, so a dealer's role stays a referral.
  • On New York financings of $2.5 million or less, we tell the customer in writing how and by whom you are paid (23 NYCRR 600.21(f)). True leases are exempt (FSL 802).
  • We provide a written disclosure of any referral fee so you can give it to your customer.

Sources

A summary for orientation, not legal advice. Your licensing board and counsel have the final word.

Commonly Asked Questions

An equipment dealer referral partner sends a customer who needs to finance a purchase to Batch Capital, which places equipment financing with its lending partners and funds working capital advances itself.

Can an equipment dealer be paid for referring financing?
Yes. We found no New Jersey or New York rule barring a vendor referral fee on a commercial sale. Batch Capital pays on every file that funds under a written partner agreement.
Do I need to fill out the customer's credit application?
No, and in New York you should not. A vendor paid to prepare the application or relay decisions is a broker under 23 NYCRR 600.1. Send us the customer and the quote, and we handle the application.
Can you finance used equipment?
Yes. Used and specialty units can be financed, priced on the equipment itself and the customer's bank statements.
What terms can my customer expect?
Equipment financing runs 2 to 7 years against the equipment itself. Working capital for installation or training can be funded alongside it.
How fast can a customer get an answer?
Matt reads the file the day it arrives, and decisions can come in 24 hours. That is often fast enough to hold the order.
Referral partners

Send the Quote. We Will Finance the Customer.

One introduction, a same-day read on the file, and offers across every product the client qualifies for.

Become a Referral PartnerCall +1 (201) 862-4048
Matt Curran
Reviewed byMatt CurranDirector of Batch Capital
Last updated

This page is general information, not financial, legal or tax advice. Talk to your accountant or attorney about your own situation.

Become a referral partner