Apply with ABLE
To apply, gather your vendor quote and four months of business bank statements, then submit one application at apply.1west.com/intro.
ABLE is the 1West Automated Business Lending Engine. 1West says it accepts applications 24/7 and matches each business with lenders whose equipment programs fit its credit, revenue and the asset being bought. You compare the offers that come back with expert guidance available, and approval and final terms always come from the lender.
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You are ready when you can say yes to each line below. If one is a no, fix it first: a complete file is far more useful than a fast one.
| Check | General 1West requirement | Ready? |
|---|---|---|
| Time in business | At least six months | Yes / Not yet |
| Bank statements | Four months of business statements | Yes / Not yet |
| Monthly revenue | $20,000 or more | Yes / Not yet |
| Credit | FICO score of 600 or higher | Yes / Not yet |
| Vendor quote | Finance-ready, per our checklist | Yes / Not yet |
Procedure
Ask the vendor or dealer for a written quote or invoice for the equipment, new or used. Check it with our vendor invoice checklist.
Submit one application through ABLE at apply.1west.com/intro, day or night. It matches you with lenders whose programs fit.
Review rates, terms and any down payment side by side. Compare the total of payments, not just the monthly figure.
After you accept, the lender in most cases pays the vendor directly and you take delivery.
Make fixed payments over the term. When the loan is paid off, the lender releases its claim on the equipment.
1West lists a time to fund of 1 week for equipment financing. Your timing still depends on how quickly you send documents, how fast the vendor confirms the invoice and each lender's review. For context on other products, Fora Financial notes SBA loans take weeks and require two years of documentation (Fora Financial). Treat every timeline as an estimate.
Not meeting a requirement today is useful information. Keep building bank statement history, address credit report errors and gather maintenance records on any used unit. If equipment is not the right fit, compare other 1West options on our financing options compared page.
Short answers here. Every question has a fuller home in the equipment financing FAQ.
ABLE is the 1West Automated Business Lending Engine. It lets businesses apply online 24/7 and matches them with lenders whose programs fit their credit, revenue and the asset being purchased. 1West pairs that automation with expert guidance, so you can compare financing options with a person available to explain them.
Read this answer in the FAQStart at the ABLE intake at apply.1west.com/intro. Have your vendor quote, four months of business bank statements and basic business details ready. You submit one application, review the offers that come back side by side, and choose the structure that fits your cash flow. Final approval and terms come from the lender.
Read this answer in the FAQ1West lists a time to fund of 1 week for equipment financing. Timing still depends on how quickly you send documents, how fast the vendor confirms the invoice and the lender's review. Some lenders advertise faster: a Beacon Funding used equipment page mentions approval within 24 hours. Treat any timeline as an estimate, not a promise.
Read this answer in the FAQYes. 1West says ABLE accepts applications 24/7, so you can apply at night or on a weekend. Lender review and funding may still follow business days, so a late-night application does not mean a late-night approval. Applying when your documents are complete is what usually keeps things moving.
Read this answer in the FAQThe 1West process is built around comparing offers: you submit one application and review rates, terms and any down payment side by side. How many offers you receive depends on your business profile and which lenders' programs fit. Some applicants may receive one offer or none, so it helps to know your numbers before applying.
Read this answer in the FAQIt can, depending on how each lender reviews credit. This guide does not have published details on the type of credit check each lender in the 1West network uses, so ask your 1West advisor before submitting. Avoid applying to many separate lenders at once, which can add several inquiries to your credit file.
Read this answer in the FAQBack to the full guide to equipment financing for small business
Apply once through ABLE, the 1West Automated Business Lending Engine, any time of day, and compare the offers that come back. Eligibility, rates and final terms depend on the lender.
