Commercial Programs

Grow Your Business with the Right Financing
Transactions of $5,000 and Up

Our Commercial Programs

Allow Mower Finance to help you make sense of the specialized world of commercial financing. Because we are not a lender but represent 18 lenders and counting, we are able to offer a broad range of programs to a wide audience. Use the guide below to determine which features are most important to you, and we will work with you to match you with a lender and program that meet your needs.

Variations of these programs may be available to suit your unique needs.
Speak with a representative for a personalized assessment.


SBA Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL)

The Small Business Administration provides our bank partners with a guarantee that you will repay the loan our bank partners make to you. Our banks are some of the most experienced lenders in these programs. A few have been granted Preferred status by the SBA, allowing them to in effect make decisions for the SBA.

If you have been unsuccessful applying through your own bank or prefer to have the help of Mower Finance, fill out an application here. A team member will get back to you to discuss your unique situation and further documentation needed.

NEW! Fleet Lease Program

Amounts up to $250,000.
Take advantage of the remaining value in your old mower when you need a new one.

NEW! Commercial Express Program

Amounts of $500-$15,000.
Full approvals in seconds!
No Credit Needed


NEW! 10% Residual Program

Amounts up to $250,000.
Take advantage of the remaining value in your old mower when you need a new one.

$1 Buy-Out Program

Amounts up to $250,000.
This tried & true program can be structured as a lease or finance agreement.


9 Month/ 3Month Program

Amounts of $5,000 $35,000.
Synch your payments to the seasonal rhythm of your business.

Start-Up Program

Amounts of $5,000 –$30,000.
In businesses for under 2 years? This program can help you get started and grow.


90 Day Deferred Program

Amounts of $5,000 – $150,000.
Get a headstart on cashflow before full payments kick in.

6 Month Deferred/Step Program

Amounts of $35,000 – $75,000.
Get an even bigger headstart on cashflow before full payments kick in.


Working Capital

Amounts up to $100,000.
When you need capital for expansion, operations, renovation, buying out a partner, consolidating debt.

Municipal Financing

For government entities and certain non-profits.
Learn more here or through the printable 1-pager below.


How Equipment Financing Works

Applying for financing through Mower Finance gives you access to our network of lenders curated to serve a wide range of credit profiles and needs.

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Apply

Fill out the Mower Finance online application at home or through your dealer’s portal to get the ball rolling. It’s one page and only takes a minute or two.

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Tell Us Your Story

The Mower Finance team will contact you to assess your needs further and help you compile the necessary documentation.

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Get Matched to a Lender

The Mower Finance team will match you with an appropriate deal and lender based on your credit profile and unique needs. We can also match you with a dealer that carries your desired equipment if you haven’t selected one already.

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Get Funded

Once you accept the lender’s terms, and your dealer submits the invoice for your equipment and any accessories to the lender, your transaction is complete. The lender will fund the purchase via ACH and notify the dealer to release the equipment to you.

Second Chance Financing

Mower Finance proud to be able to secure funding for over 30% of the turn-downs we receive from other lenders. Our lender network and the experience of our agents make it possible for Mower Finance to find creative solutions for customers in all kinds of situations.

Sample Rates

A Rates*

As Low As 0.0%

  • 5+ years time in business required
  • Terms of 24 months to 72 months
  • 750+ Credit Score
  • 660+ Paynet
  • Comparable business borrowing
  • No Bankruptcy

Application-Only Up To

$250,000

B Rates*

As Low As 7.5%

  • 2+ years time in business required
  • Terms of 24 months to 60 months
  • 660+ Credit Score
  • 650+ Paynet
  • Comparable business borrowing
  • No Bankruptcy

Application-Only Up To

$75,000

C Rates*

As Low As 15.5%

  • 2+ years time in business required
  • Terms of 24 months to 48 months
  • 580+ Credit Score
  • 640+ Paynet
  • Comparable business borrowing
  • Credit re-established after bankruptcy

Application-Only Up To

$39,000

Transactions over $250,000

We finance fleets and larger equipment. Mower Finance will provide you with a customized quote based on your unique situation.
Speak to Bob Zinn 954-522-3773 for an assessment.

*Rates are approximate for purposes of comparison and depend on the particular lending product and many other factors unique to each applicant.

Need Help?

Call Bob Zinn 954-522-3773
or
John Papadopoulos 954-636-8571

bizapps@terracefinance.com

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