Trenchless Equipment Financing

Frequently Asked Financing Questions

Does the application impact my credit score?

No! Our finance partner does a soft pull on the owner or owner(s) credit so there is no impact to your score. In the event you are approved and move forward with financing, since our partner is strictly a commercial lender, the debt will never report to you personally but rather under your business helping to establish new credit or add to your existing credit under your entity.

What trenchless equipment can I finance through APS?

APS works with financing partners that may offer financing for a wide range of trenchless and drain cleaning equipment. Qualifying equipment may include CIPP lining systems, UV curing equipment, pipe inspection cameras, robotic reinstatement cutters, hydro jetters, drain cleaning machines, pipe patch systems, cable machines, locators, and other specialty rehabilitation equipment. Financing eligibility depends on the equipment and the lender’s approval guidelines.

How does the equipment financing process work?

Getting started is simple. First, work with APS to select the equipment that’s right for your business and receive a quote. Next, you’ll complete a financing application through our financing partner. Once approved, you’ll finalize the financing agreement, and your equipment can be scheduled for shipment or delivery. Many applications receive a decision within a few hours when all required documentation has been submitted. Normally, the only additional information that may be requested is your most recent 3 months business bank statements.

Do I need a down payment?

Not always. Depending on your business qualifications and the financing program, some customers may qualify for little or no money down, while others may be asked to provide a down payment. Requirements vary based on factors such as credit history, time in business, and the equipment being purchased.

Can I finance used trenchless equipment?

Yes, financing may be available for qualifying used equipment. Lenders typically consider factors such as the equipment’s age, condition, resale value, and remaining useful life when determining eligibility. If you’re considering used equipment, APS can help you determine whether financing may be available.

Can startups qualify for equipment financing?

Yes. Some financing programs are available for newer businesses, although qualification requirements may differ from those for established companies. Lenders may consider factors such as the owner’s experience, available down payment, business financials, and the equipment being purchased. Our finance partner has some of the most aggressive options for startups specific to plumbing, sewer and septic companies.

Can I qualify for equipment financing if my credit isn’t perfect?

Possibly. Financing decisions are based on more than just a credit score. Many lenders also evaluate your business history, cash flow, revenue, and the value of the equipment being financed. Even if your credit isn’t perfect, there may still be financing options available depending on your overall application.

Why should I finance my equipment instead of paying cash?

Many businesses choose equipment financing because it helps preserve working capital while allowing them to invest in new equipment sooner. Instead of making a large upfront purchase, financing spreads the cost into manageable monthly payments, helping businesses maintain cash flow for payroll, inventory, marketing, and other operating expenses. Financing may also provide potential tax advantages for qualifying businesses—consult your tax advisor for guidance specific to your situation.

Should I choose an equipment loan or an equipment lease?

Both options offer advantages depending on your business goals. Equipment loans are often preferred by businesses that plan to own the equipment long term, while equipment leases may provide lower monthly payments and additional flexibility when upgrading equipment in the future. Your financing representative can help explain the available options and determine which solution best fits your business.

How long does the financing approval process take?

Approval times vary depending on the lender and the complexity of your application. In many cases, financing decisions can be made within one to three business days once all required documentation has been received. Larger purchases or more complex applications may require additional review. Generally our finance partner will reach out within a few hours and have a general idea of how things look. Ultimately the goal is to have an answer or feedback on the same day.

Why should I finance my equipment through APS instead of finding financing on my own?

APS simplifies the equipment purchasing process by providing both the equipment expertise and access to trusted financing resources in one place. Instead of coordinating between multiple equipment suppliers and lenders, you’ll work with a team that understands trenchless equipment and can help guide you from equipment selection through financing and delivery. Our goal is to make the purchasing process as straightforward and efficient as possible. Our finance partner has over 30 years experience with a specific focus on plumbing, sewer and septic companies and equipment.

What information do I need to apply for equipment financing?

While requirements vary by lender, most financing applications ask for basic business information along with documents such as your equipment quote, recent business bank statements, financial statements, or tax returns. Normally, up to $250,000 the only additional information requested is your most recent bank statements without any additional financial information required. Your financing representative will let you know exactly what documentation is needed for your application.