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Frequently Asked Questions

Nexus Capital is a progressive retail finance and leasing company with over 30 years of experience. We offer strategic planning, product development, sales support, and more to help our clients succeed in the agricultural and construction equipment financing market.
We are headquartered in Fargo, North Dakota.
Yes, Nexus Capital provides nationwide financing services in the United States.
Currently, we offer financing services exclusively in the United States.
Yes, we provide finance programs tailored to both equipment dealers and manufacturers in the agricultural and construction industries.
Yes, we offer both loan and lease financing programs. Generally, our financing options are available for equipment that is 10 years old or newer.
Yes, our financing services require the purchase of equipment through a dealership. We do not offer financing for user-to-user purchases.
A loan allows the customer to own the asset, while a lease enables the customer to use the asset without ownership.
We specialize in providing financing solutions to the agriculture and construction market segments.
Our leasing options are available for new and used equipment, including self-propelled and pull-type equipment that is 10 years old or newer. We require information such as year, make, model, existing hours, and cash price.
Yes, in most cases, you can use the equipment you are trading in as your first lease payment.
We finance equipment with a minimum value of $25,000.
Our lease terms typically range from 36 to 96 months.

Yes, we offer leases for both new and used equipment.

We offer First Amendment, TRAC, and Walk Away lease options.

First Amendment lease

At the end of the initial lease term, the lessee has the option to either purchase the equipment or renew the lease. However, the specific options available at the end of the renewal period may vary. This lease type has no hour limits, and the residual value is determined based on the hours of use. The buyout schedule is an approximation, not included in the lease contract, and quotes are for discussion purposes only, subject to rate and term changes. The lessee is responsible for any applicable taxes, such as sales or personal property tax.

TRAC (Terminal Rental Adjustment Clause) lease

A TRAC lease is a type of commercial lease primarily used for financing vehicles and equipment. It allows the lessee to have a predetermined residual value for the equipment or vehicle at the end of the lease term. This type of lease is often used in industries where vehicles or equipment have predictable depreciation patterns, and it provides flexibility for the lessee to purchase the asset at the agreed-upon residual value or return it to the lessor.

Walk Away lease

Similar to the First Amendment lease, the Walk Away lease allows the lessee to purchase the equipment or renew the lease at the end of the initial term, with varying options upon renewal. There are no hour limits, and the residual value is determined by hours of use. The buyout schedule is an approximation, not part of the lease contract, and quotes are for discussion purposes, subject to rate and term changes. The lessee is responsible for taxes, including sales and personal property tax.

No, there is no penalty for early payment of your lease or loan.

Our published rates are updated on a monthly basis.

You can either fill out a simple 1-page paper application or work with a dealer and complete an online application.

Download and Print Application

Depending on your credit situation, we may require financial information, typically for balances exceeding $350,000. This includes your current balance sheet and the last two years of tax returns.

You can find the application on our website’s application webpage.

Download and Print Application

Generally, we provide a 1-hour turnaround time for approval upon receipt of the invoice.
We can provide both paper and electronic documents as per your preference.
Yes, dealers receive an origination fee for transactions that are originated and funded through Nexus.

Ready to learn how Nexus Capital can help you?

Contact us today for personalized assistance.

Whether you’re looking to purchase or lease equipment for your farming operation, need financing solutions for your dealership, or seek to boost sales as a manufacturer, Nexus Capital is your trusted partner. With years of experience and in-depth industry knowledge, we’re equipped to find the best financing options tailored to your specific needs.
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