Westfield Funding uses risk-based pricing. This means we have the ability to approve virtually any business. Rates start at 3.1% APR and are adjusted depending on the risk of default. Of course, most clients would like to estimate their rate prior to applying. Unfortunately, due to the complexity of business loans, it is not possible to estimate rates or payments without completing a credit application. It would be a disservice for any lender to tell you their lowest rate, when they have no idea if you can actually qualify for it. 

While the majority of the risk (and thus the interest rate) is determined by your company’s credit standing, numerous other factors affect your APR and payments. These factors include personal and business credit scores, prior payment history, depth of credit, amount of debt, age of credit, number of credit lines, type of equipment, industry, criminal record, child support, bankruptcies, repossessions, foreclosures, judgements, length of time in business, revenue, profit, retained earnings, down payment amount, value of assets, and many others.

Yes! In most cases, Westfield Funding is able to finance used equipment. Ask your Westfield Funding loan officer for more details.

Westfield Funding has been helping businesses grow and prosper by providing commercial funding solutions for over a decade.

Westfield Funding provides financing in all 50 states and some parts of Canada. Due to local regulations, some financing products may not be available in all areas. 

 No! However, many vendors refer their clients to Westfield Funding, in order to provide their clients with easily obtainable financing, great rates, and the best customer service in the industry. So if your vendor referred you to Westfield Funding, there is a good reason for that!