Lincoln Electric

FAQ

What financing options are available?

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We make it easy to get the equipment you need—fast and flexible.

  • Financing starting at $10,000 (Lincoln Electric equipment)

  • Application-only approvals up to $1,000,000

  • Choose the option that fits your business:

    • FMV (Fair Market Value) leases

    • $1 Buyout leases

    • TRAC leases

    • Equipment loans

  • $0 down / 100% financing available

  • No liens on your other business assets—keep your capital and credit lines free

  • Flexible terms from 12 to 84 months

  • Seasonal and step payments to match your cash flow

  • No payments for 90–180 days (deferred payment options)

All financing subject to credit approval.

What do I need to apply?

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Simple and straightforward:

  • An established business (Sole Proprietor, LLC, or Corporation)

  • A completed credit application

  • A quote from your Lincoln Electric rep or distributor

No personal-use loans—this is built for businesses.

How fast is approval?

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Speed is a big advantage:

  • Most applications are approved the same day

  • Larger or more complex deals: typically 1–2 business days

We move quickly so you can keep your projects moving.

Lease vs. Loan — Which is right for me?

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We offer options designed around your financial goals.

$1 Buyout Lease or Equipment Loan

  • You effectively own the equipment

  • Potential depreciation benefits

  • Ideal if you plan to keep the equipment long term

FMV Lease

  • Lower monthly payments

  • Ability to expense payments

  • More flexibility at the end of the term

Not sure which is best? We’ll help guide you.

How do you decide approvals?

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We look at the full picture of your business, not just a credit score.

  • Most small business approvals are based on owner credit

  • Stronger, established companies may qualify for corporate-only approvals

  • For larger deals, we may review financials such as financial statements, tax returns and debt schedules

Unlike traditional banks, our approach is more flexible and business-focused.

How is my rate determined?

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Your rate is customized based on:

  • Credit strength

  • Business performance

  • Equipment type and value

  • Deal structure

We work to find a structure that balances affordability and flexibility.

Are there any fees?

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  • A simple $495 documentation fee at closing

  • Can be rolled into your financing

No hidden surprises—just straightforward pricing.

Do I need insurance?

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Yes—protecting your investment is important.

  • Equipment must be insured

  • Mitsubishi HC Capital America is listed as loss payee

What happens at the end of the term?

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Loan or $1 Buyout Lease

  • You own the equipment 100%

  • Lien is released

FMV Lease — you have flexible options:

  • Purchase the equipment

  • Return it

  • Continue leasing month-to-month

Just provide notice 90 days before the end of term.

What else can you finance?

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We do much more than welding equipment. As one of North America’s largest independent finance providers, we support:

  • Manufacturing & fabrication

  • Automation & robotics

  • Construction & material handling

  • Additive manufacturing

  • Food processing & packaging

  • Printing

  • Transportation & sustainability

  • Healthcare

Our solutions help you:

  • Preserve cash

  • Improve cash flow

  • Stay competitive with the latest equipment

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