Finance Partner for Lastec Mowers
Mower Finance Powered by Terrace Finance is not a lender. We route your application through the Terrace Finance network of lenders/lessors. Approval and approval amount are subject to credit eligibility and not guaranteed. Must be 18 or older to apply.
Mower Finance is the definition of flexibility and consultative approach in the landscape finance industry.
We work with 50+ lenders to find you an appropriate finance solution. When you apply, we route your application to the program and lender most compatible with your credit profile and needs. A commercial team member is available to consult with you in order to best understand your business goals.
John Papadopoulos
Commercial Team Leader
954-636-8571
johnp@terracefinance.com
Commercial
Transactions of
$5000 and Up
Applications in the name of a business
for commercial use
Municipal
Transactions of
$15,000 and Up
Applications in the name of a city, county, state or other government entity
BASIC COMMERCIAL PROGRAM
$5,000-$550,000
A versatile program covering a wide range of dollar amounts and credit profiles, serviced by multiple lenders/lessors.
Rate* Factors
| 24 Months | 36 Months | 48 Months | 60 Months | 72 Months | ||
|---|---|---|---|---|---|---|
| “A” Credit 725+ CBR | Amounts up to $550,000 | 0.04659 | 0.03195 | 0.02486 | 0.02603 | 0.01782 |
| “B” Credit 675+ CBR | Amounts up to $75,000 | 0.04681 | 0.03217 | 0.024509 | 0.02086 | 0.01806 |
| “C” Credit 650+ CBR | Amounts up to $50,000 | 0.04816 | 0.03325 | 0.02605 | 0.02175 | 0.01891 |
| “D” Credit 625+ CBR | Amounts up to $35,000 | 0.05359 | 0.03847 | 0.03125 | 0.02702 | N/A |
Calculate the Monthly Payment
| Total Amount Financed | Multiply by Rate Factor | Monthly Payment |
|---|---|---|
| $10,000 (Example) | 0.024509 (B Credit/48 Months) | $245.09 |
*Rate Factors shown represent the optimal rate from one provider in our network of lenders/lessors. Quoted rates are for comparison only and are subject to change at any time without notice. Rate factors vary depending on multiple credit factors and other 3rd party information. May require security deposit or additional collateral. Approval and approval amount are subject to credit eligibility and not guaranteed. Must be 18 or older to apply.