How to Finance an NTM Portable Rollforming Machine
Cash flow is vital to keep your business moving, and paying outright for a portable rollforming machine can eat up a good portion of your liquid assets. Financing makes purchasing a portable rollformer manageable when you don’t want to slow down your purchasing power for materials, labor, and incidentals.
In the metal roofing and seamless gutter manufacturing world, uptime is king. You can save up to 30% on costs and 70% on delivery times by fabricating your own panels or seamless gutters. A portable rollformer maximizes your efficiency, puts you in control of your operation, and makes you more competitive, all while increasing your bottom line.
But to do all of that, you need the right equipment — starting with a portable standing-seam or seamless gutter rollformer.
At New Tech Machinery (NTM), we have financing partners ready to help you purchase your next portable rollformer. Let’s dive into some options.
Financing a portable rollforming machine through NTM is straightforward — you can apply via NTM’s built-in configurator with lending partner Corbel, or through third-party lenders. Approval takes 1 to 5 business days. A 650+ credit score helps, but startups and lower-score applicants can still qualify. Benefits include fixed rates, no extra collateral, tax write-offs (Section 179), and business credit building.
Table of Contents
- What Does it Take to Finance My Portable Rollformer?
- Benefits of Financing Equipment & Machinery for New Businesses
- The Easiest Way to Finance an NTM Portable Rollforming Machine
- Can I Finance My Portable Rollformer Through a Third-Party Lender?
- Financing FAQs
- The Bottom Line
What Does it Take to Finance My Portable Rollformer?
Terms vary according to lender and your situation. Lending institutions will look at the following when determining your eligibility and interest rate:
- Personal credit rating–Typically 650+ is preferred, and anything above is strong. Having a score lower than 650 doesn’t eliminate you from securing a loan, but you may pay higher interest and/or have a different set of terms.
- Payment history–You want to show that you pay your bills on time.
- Bankruptcies, liens, or collections
- Amount of outstanding debt vs. revenue–You want to avoid a debt-to-income ratio above 50%.
- Time in business–Less than a year may be a problem unless you can show profitability. 2+ years is preferred. Startups can qualify, but may face stricter terms, larger down payments, and higher interest rates.
Benefits of Financing Equipment & Machinery for New Businesses
Manage your cash flow. As we mentioned, control over the cash flow is vital for a new business. Securing funds from a lender for capital equipment and other hard assets keeps your cash available for materials, overhead, business development, and payroll. Financing is a good option for keeping the cash flow strong.
Fixed rate. Equipment Finance Agreements and are all fixed interest rate for the duration of the term. This helps to budget and prepare for all future payments. Also, fixed rates will never change and are unaffected by rumblings in the economy or the stock market.
Tax advantages. There are several tax write-offs available when purchasing capital equipment, regardless of whether you pay cash or finance. This includes the Section 179 tax credit, which credits the same year instead of over time. Discuss your options with an accountant, as many situations are unique to the individual business structure, location, and profitability.
Financing helps develop credit for businesses. After you receive your first loan, your business starts building the credit that may be needed as your business grows. Financing is reported to business credit reporting agencies, such as Dun and Bradstreet, PayNet, Experian Business, etc., as opposed to being classified as personal debt.
No additional collateral required. A bank will likely cross-collateralize your loan and secure it with what is known as a blanket lien on your business. Equipment Finance Agreements (EFAs) and $1 Buy Out Capital leases often use only the machine you are financing as collateral. This is known as an asset specific lien.
The Easiest Way to Finance an NTM Portable Rollforming Machine
NTM’s partnership with Corbel started in 2025, when the configurator introduced the financing option, allowing you to view the machine price, estimated monthly loan payments, and apply for financing all in one place.
- Choose and build your machine, adding accessories as you go.
- The configurator will display the machine cost as you add.
- Once your machine is built, apply for financing.
- Receive a quote from an NTM account manager.
- Get approved and schedule your machine for production.
Corbel matches you with the right lender for your situation. Less paperwork, no shopping around for the best financing company. Corbel has you covered.
Keep in mind–Your NTM account manager is not part of the lending process and cannot answer your loan questions. You’ll need to work with your assigned lending agent.
Can I Finance My Portable Rollformer Through a Third-Party Lender?
Yes, we have partnerships with third-party lenders to finance your portable rollformer.
These are common steps you must take to receive financing through a third-party lender (First National Bank, APEX, AmericanBank, Crest Capital) that partners with NTM. Please note that you will need a quote or at least a price range to begin this process. You can use the configurator to determine the cost of the machine and accessories. Keep in mind, the configurator pricing doesn’t include taxes or shipping costs.
Step 1: Complete the One-Page Credit Application
No fee. No obligation. Just basic information about you, your business, and the equipment you’re financing. Have a price range or quote ready.
Step 2: Lender Review
The lender reviews your application and begins the approval process, factoring in your credit, business experience, and financials.
Step 3: Approval Decision
- Established businesses: approved within 24–48 hours
- New businesses (under 2 years): typically 4–5 business days
Step 4: Review Terms, Rates & Options
Your lending agent will walk you through all terms — even if you’re not approved right away. They’ll advise on steps to improve future eligibility.
Step 5: Sign Documents & Fund
Once approved, sign your documents and Apex releases payment directly to New Tech Machinery. Financing terms commonly range from 36 to 60 months.
Although your bank may not have approved your loan, you can connect with other lenders who specialize in lending for those with low credit scores.
Financing FAQs
The Bottom Line
A third option is to finance through your own bank. Contact your bank’s loan officer for information.
For more information about types of financing and lending options, click here.
Our goal at New Tech Machinery is to make sure that every business, new or existing, can get the portable rollforming equipment needed to make a business profitable. That’s why we work with our customers to create a solution, financing or otherwise, to accommodate nearly every situation.
To learn more about financing, NTM equipment, or to speak with one of our helpful rollforming specialists, contact us today.
