Taycor Financial

Best for: Established businesses (usually two or more years old) that want to lease or finance new or used equipment, from $5,000 into the hundreds of thousands, with a one-page application and a soft credit pull.

Not for: Businesses under two years old that don't qualify for the new-business program, or anyone who wants a published rate before applying.

Lender List verdict: Taycor Financial is a long-running equipment lender, now a division of North Mill Equipment Finance, with flexible lease-end choices and application-only approvals up to $400,000. The trade-off is opacity: it publishes no rate range, so your price could fall anywhere from 4.99% to 28% (LendingTree).

Taycor Financial at a glance

Taycor Financial leases and finances business equipment from a $5,000 minimum, with application-only approvals up to $400,000.

What is Taycor Financial?

Taycor Financial is an equipment leasing and finance company that has served small and mid-sized businesses for nearly 30 years, operating since 1997 according to United Capital Source. Its legal name is TF Group, Inc., and it has held a California Finance Lenders license since 2004.

North Mill Equipment Finance, a Connecticut lender writing equipment deals up to $3 million, bought Taycor in November 2024; Taycor kept its brand as a separate division. It also offers working capital, lines of credit, SBA loans, factoring and commercial mortgages.

How Taycor Financial equipment financing works

Taycor Financial approves equipment requests up to $150,000 within two hours of a one-page application, without tax returns. You apply online, pick a lease or loan program, then e-sign and fund.

• Structures: Equipment loans, or leases with three end-of-term choices: fair market value (FMV), $1 buyout ($101 in some states), or a 10% purchase option.
• Equipment: New or used, from vehicles and machinery to medical gear and software.
• Application-only limit: Up to $400,000 for well-qualified customers; larger deals need full financials.
• Payments: Fixed for the lease term; LendingTree reports 90-day deferment and seasonal schedules.
• Funding speed: Within 24 hours of approval (LendingTree).
• Taxes: Taycor's calculator estimates a Section 179 deduction; confirm with a tax advisor.

Taycor Financial rates and fees: what it really costs

Taycor Financial publishes no rates; LendingTree reports equipment financing at 4.99% to 28% and leases at 5.99% to 28%. Each deal is priced on your credit, time in business, equipment cost, term and structure.

• Charged: a documentation fee (amount not published); first and last lease payments at signing
• Not charged: a prepayment penalty on equipment loans (United Capital Source)
• Not published: the rate range, doc fee or maximum deal size

Worked example: finance a $75,000 machine over 60 months. At 4.99%, the low end of LendingTree's range, the payment is $1,415.00 a month and you repay $84,899.94, or $9,899.94 in interest. At 28%, the top of the range, the payment is $2,335.19 and you repay $140,111.19, or $65,111.19 in interest. Both exclude the unpublished documentation fee, and a lease also takes the first and last payments at signing.

Taycor Financial requirements

Taycor Financial asks for two years in business on most leases, with a new-business program, and a soft pull to apply.

Taycor sets the final approval and price after reviewing your credit and assets.

Pros and cons

Taycor Financial's strength is fast, low-paperwork approval; its weakness is no price before applying.

Pros

• Approval within two hours on requests up to $150,000
• No tax returns needed up to $400,000 for qualified customers
• FMV, $1 and 10% buyout leases, plus equipment loans
• New and used equipment, including software
• Soft credit pull to apply

Cons

• No published rates; third-party range runs up to 28%
• First and last lease payments due at signing
• Documentation fee amount not disclosed
• Most leases need two years in business
• Mixed small-sample reviews (BBB 1/5 from 5 reviews, per Finder)

Taycor Financial vs. Crest Capital vs. Balboa Capital

Taycor Financial's application-only limit of $400,000 sits above Crest Capital's $250,000, while Crest and Balboa Capital both publish a $500,000 maximum.

Crest Capital and Balboa Capital figures are from their own sites, checked 2026-10-26.

Choose Taycor Financial for a choice of lease buyouts and fast, low-document approval. Choose Crest Capital if you want fixed rates and seasonal or step-up payments. Choose Balboa Capital if you want bank-backed financing and have $100,000+ in revenue.

Taycor Financial alternatives on Lender List

The closest Taycor Financial alternatives are Crest Capital, Balboa Capital and ClickLease.

• Crest Capital — fixed-rate loans and leases, seasonal schedules
• Balboa Capital — Ameris Bank's equipment finance division
• ClickLease — leases up to $30,000 with no minimum credit score
• National Funding — equipment financing up to $150,000
• Browse all equipment financing and leasing lenders on Lender List

Frequently asked questions about Taycor Financial

Taycor Financial is a licensed equipment lender owned by North Mill Equipment Finance.

Is Taycor Financial Legit? Yes. Taycor has operated since 1997, holds California Finance Lenders licenses (since 2004), and joined North Mill Equipment Finance in 2024. Taycor Financial reviews are mixed: Finder reports BBB A+ (not accredited) with 1/5 from 5 reviews and Trustpilot 4/5 from 11, while UCS cites Google 4.7/5 from 203.

What Credit Score Do You Need for Taycor Financial? Taycor does not publish a minimum score. United Capital Source reports 550 for equipment financing, and LendingTree says some non-SBA products accept scores as low as 500. Applying uses a soft pull, so checking your offer won't lower your score, and the final price still depends on your credit history and time in business.

Does Taycor Financial Finance Used Equipment? Yes. Taycor finances both new and used equipment and vehicles, including machinery, construction, medical, technology and software. Pricing depends on the equipment's cost, term and structure, and LendingTree reports equipment refinancing from $50,000 and sale-leasebacks from $100,000 if you want to unlock cash from machines you already own.

What Is Taycor Financial's Minimum Time in Business? Two years for most leasing programs. Taycor also runs a new-business program for companies open less than two years, and LendingTree reports no stated minimum on equipment products, so newer businesses can still apply. United Capital Source lists as little as 3 months for equipment financing, but expect a longer track record to win better pricing.

Who Owns Taycor Financial? North Mill Equipment Finance has owned Taycor Financial since November 2024, when it bought all of TF Group, Inc.'s stock. Taycor kept its name and runs as an independent division; North Mill is majority owned by an InterVest Capital Partners affiliate.

Can I Pay Off a Taycor Financial Lease Early? Yes. Taycor states that its leases can be paid off early, and United Capital Source reports no prepayment penalty on equipment loans. Ask for a written payoff quote, since Taycor doesn't publish how lease payoffs are calculated or whether remaining interest is waived.

Last verified 2026-10-26. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.