Fast Approvals Old National Equipment Finance offers financing programs, leases, and loans for equipment ranging from $60,000 to $10,000,000+, with an application-only option up to $500,000 and typical credit decisions within 24 hours, enabling rapid closes on SMB equipment purchases. The small team size also suggests a high-touch, nimble service model that can be scaled via digital channels.

Healthcare Focus In 2019 the company appointed a head of Healthcare vertical, signaling a strategic push into US healthcare equipment financing. This creates an opportunity to target hospitals, clinics, and medical device suppliers with fast approvals and bundled banking services from Old National Bank.

Bank Synergy As a division of Old National Bank (NASDAQ: ONB), there are cross-sell opportunities to leverage the bank's broader client relationships and product suite, including deposits, treasury management, and working capital facilities, alongside equipment financing to win larger or multi product deals.

Targeted Industries The equipment financing scope covers a broad range of purchases from mid-size to large, supporting sectors with capital equipment needs such as manufacturing, construction, technology hardware, and other asset heavy industries, with potential growth by focusing on sectors likely to incur repeat financing.

Digital Reach With nationwide reach and a data driven toolkit (Qualtrics, Google Analytics, AppNexus, Cloudflare, etc.), the division can leverage targeted digital campaigns to drive application volumes up to $500,000 and speed credit decisions, enabling scalable outreach across key industries.