Auger Financing

Simple application. Simple process.

Auger financing can keep you from getting into a financial hole.

Drilling deep holes in the soil can be difficult and time-consuming, especially if the soil is compact and filled with clay, compacted gravel, or rock. And, as you dig deeper, you might encounter other obstacles like tree roots or old foundation material. These are times when a shovel and a pickaxe just won’t cut it. Instead, it would help if you had a high-quality auger to save time and effort when tackling drilling jobs. An auger is ideal for drilling holes for fence posts, sign installations, trees, and telephone poles. They are also used to bore into the earth at commercial and residential construction sites, after which the holes are filled with concrete or steel reinforcement. Whether you need a hand-held auger or a sizeable commercial auger attached to heavy machinery, you have come to the right place. Balboa Capital is a leading business lender that offers auger financing.

This option is popular among business owners because it does not require a large one-time payment. Instead, you receive funding to finance an auger and make predictable monthly payments over a set term. This helps you budget for the future and keep your company’s cash and credit line available for future business needs.

  • Application-only for hard collateral up to $500,000
  • Application-only for soft collateral up to $350,000
  • If approved, same-day funding is available
  • Easy online application
  • One-hour approval decisions during regular business hours
  • Flexible terms available
  • Competitive rates

Equipment financing in 3 easy steps.

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  1. Submit a simple online application.

  2. Get a prompt decision during our normal business hours.

  3. If your application is approved, funds will be provided fast.

What we look for.

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Minimum of one year in business

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$100,000+ in annual revenue

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FICO® score of 620 or more

These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.

We put your convenience first.

There are many types of augers to choose from based on the size and scope of the job. These include earth, hand-held, ice, and grain augers. No matter what type you need for your business, Balboa Capital is ready to help you get it. You will be glad to know that we put your convenience first with a fast, hassle-free process. To get started, complete a simple online application that asks for basic information about you and your business. Once you submit your application, we will review it promptly during regular business hours and present you with a credit decision.

Suppose you receive approval and want to move forward. In that case, your dedicated Balboa Capital account manager will walk you through the following steps and ensure that we have all the information we need to finalize your deal. You can then expect to receive funding quickly. We welcome the opportunity to serve you, so get started now.

auger financing

Reasons to choose Balboa Capital.

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Bank-owned business lender

Over $8 billion funded nationwide

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Simple, quick process