FAQs

We make it easy to get new or used equipment for your practice, and to find answers to the most frequently asked questions about financing.

• How can I apply for an equipment loan?

  You can apply online right now at ncmic.com.expressapp.

• How long will I wait for a credit decision?

  You’ll receive a credit decision in as few as two business hours.

• Is there a soft or hard credit pull?

  We’ll do a soft credit pull.

• Is the loan reported to credit bureaus?

  It is a business loan and will not be reported to credit bureaus, keeping your personal line of credit open for other borrowing needs.

• Do you offer deferred payments?

  Yes! For qualified customers, we offer no payments for 90 days or $99 for the first six months.

• Are there prepayment penalties?

  There are no prepayment penalties of any kind. Early payoff is available as soon as the loan begins, with principal balance payoff.

• What if I have questions about my loan or application?

  We’re always happy to help. Reach us at 800-455-7552 or equipmentfinance@ncmic.com.

• What financing terms are available?

  We offer flexible financing terms, from 12-60 months.

• Does my loan qualify for a Section 179 tax deduction?

  Your loan could easily qualify for a Section 179 tax deduction. We recommend you check with your tax or financial advisor for additional information.

• Does my loan qualify for the Section 44 tax deduction?

  Your vendor will let you know if your equipment is eligible for a Section 44 tax deduction. It's always a good idea to check with your financial or tax advisor, as well.

• What fees will I pay?

  The only fee is a one-time documentation fee that is collected with your first payment.

Still have questions?

Give us a call at 800-455-7552.