In the world of small and mid-sized businesses, timing is everything. Whether you’re looking to upgrade equipment before peak season, expand your services to meet demand, or simply keep operations running smoothly, a delay in financing can mean the difference between seizing opportunity and missing it altogether.
Unfortunately, delays in the financing process are all too common. But here’s the good news: most are avoidable.
At FPG, we believe financing should empower growth—not get in its way. That’s why we’ve put together this guide to help you avoid the three most common reasons business financing gets held up—and how to fix them before they become roadblocks.
Let’s dig in.
For larger companies with deep reserves, a slow financing process might be inconvenient—but manageable. For SMBs, however, it’s different.
Time-sensitive needs like:
…all require speed, clarity, and alignment.
When financing is delayed, your business can lose revenue, damage customer relationships, or fall behind competitors. But delays don’t have to be inevitable. By identifying the most common slowdowns—and partnering with the right team—you can move faster, smarter, and with more confidence.
The Problem:
One of the most common delays in equipment financing? Missing information. When you’re focused on running a business, paperwork understandably takes a backseat—but to a lender, even small gaps can trigger a full stop. That leads to back-and-forth emails, follow-ups, and avoidable slowdowns.
What Lenders Typically Need:
To keep things moving, here’s a quick guide to what’s essential—and what’s nice to have depending on your situation.
✅ Must-Have Info (for nearly every deal):
➕ Sometimes Needed (depending on amount or credit profile):
Pro Tips to Stay Ready:
At FPG, we make this simple.
You get a digital application, a clear list of what’s needed, and real people ready to walk you through the process—no guesswork, no surprises.
Sometimes delays happen not because your documents are missing—but because the financing you’re applying for isn’t the right fit for your business model, cash flow, or timeline.
Maybe the repayment terms are too aggressive. Maybe it’s just not aligned with how you plan to use the equipment.
When there’s a mismatch, lenders have to reassess, rework, and requalify—which slows everything down.
There’s no one-size-fits-all solution, but here’s a quick look at some of the most common equipment financing structures—and how they’re typically used:
Ask yourself:
The right financing structure should match your growth strategy—not strain your operations.
FPG works one-on-one with every client to recommend structures that match your goals. We don’t push one-size-fits-all deals. We craft flexible plans designed to work with your business, not against it.
You’ve probably experienced it: radio silence after you apply. A process that seems stuck in slow motion. Endless requests for documents you’ve already provided. Or a flat “no” with no explanation and no alternatives.
That’s the reality of working with rigid, traditional lenders. They often follow strict pass/fail scorecards, lack industry-specific knowledge, and don’t have the agility to structure creative solutions.
Rigid lenders look for reasons to say no. FPG looks for ways to say yes.
We understand the urgency SMBs face. That’s why we built a model focused on responsiveness, transparency, and the human touch. Our clients don’t wait in the dark—they move forward with clarity and confidence.
Financing delays aren’t just frustrating—they’re costly. But the good news? With the right preparation and the right partner, you can take control of the timeline.
By staying organized, aligning your financing structure with your goals, and choosing a lender who understands SMBs, you can move fast when it matters most.
Don’t let preventable delays slow your momentum.
Download our free Pre-Qualification Checklist to make sure you have everything you need for a smooth and speedy approval.
At FPG, we’re here to help you grow—on your timeline, with your goals in mind.
FPG | Real People. Real Expertise. Real Growth.
Let’s simplify the process. Let’s grow your business. Let’s get started. Call us: (603) 696-7076