Oakmont Capital Services (OCS) has been helping small businesses grow for over 25 years, since the lender opened its doors in 1997. The company has expanded to 93 employees across two locations—Pennsylvania and Minnesota—and has completed over 25,000 loans. The team works with established powersweeping businesses, and serves as the direct lender for many throughout the industry.
Jayme Gerads, Business Development Officer for OCS, Albany, MN, recently shared some information with NAS about the company and its commitment to helping powersweeping business owners grow their companies:
“I’ve been in the financing industry since 2009. Before entering the field, I earned my BA in Business Management. After graduation, I worked at a bank—starting as a teller and later moving into the bank’s equipment financing division. I’ve been with OCS for almost eight years now, and the sweeping industry is one of my primary areas of focus.”
Lender Who Understands Your Business
We know the industry. With more than 20 years of experience working with street sweeping companies, we understand the nuances of the business—something many lenders unfamiliar with the industry struggle with unless they’ve spent significant time getting to know operators. When a small maintenance company needs to make a major equipment purchase, we’re often the best fit to support that investment.
Because Oakmont can fund many of the core needs of a powersweeping business, you won’t tie up your borrowing capacity at your bank. And since this is commercial credit, it doesn’t appear on the business owner’s personal credit report. That’s a meaningful advantage for borrowers, helping them preserve their personal credit and keep local bank lines open for needs we may not underwrite.
Our primary niche is asset financing. For other cash flow needs, we recommend keeping options open with their local banks. Often, a company like ours can provide the ideal solution—but sometimes it makes sense to explore all available financing products before choosing to lease or finance. Our goal is to help customers understand the best financing approach for their business, even if that solution isn’t with us.
Lender Who Knows Your Asset Value
Some lenders overlook the potential in financing small sweeping or maintenance businesses because they don’t fully understand their customers’ financial landscape. At OCS, we take a different approach. We understand the collateral itself. We attend industry tradeshows, talk directly with business owners, get hands-on with the equipment, and stay informed about new technologies so we can truly understand what our customers are investing in.
Obviously, a big advantage for a lot of these contractors is that they can afford to pay for these assets out of pocket. For others, spreading payments over 5, 6, or even 7 years through an equipment financing agreement can be a major advantage. With a 5-year term, for example, the buyer owns the asset outright after the 60th payment—without straining their cash flow or delaying the growth of their business.
All-Electronic Application and Processing
Our processes at OCS are streamlined to help our customers get the financing they need quickly and easily. We call our approach “high-tech/high-touch.” That means we stay readily accessible by phone, text, or email—wherever our customers are—to answer questions and provide support.
To speed things up even further, we recommend using our electronic document system and remote online notary services. These tools allow customers to sign documents and complete notary authorization from any device, at any time. From application to funding, we can often complete a deal within a single business day.
We also offer high credit limits—up to $650,000—with an application-only process. For customers with a strong financing history, we don’t require financials. And for those who return each year to upgrade equipment, we can increase the limit to a $1,000,000 aggregate.
Incomparable Financing Convenience
Oakmont Capital Services provides customers with a wide array of benefits that make obtaining and repaying their loans* as easy as possible. For example:
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Flexible Terms |
If terms are a concern, we can get creative to help lower monthly payments. In many cases, we can offer repayment terms of up to 84 months. |
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Payment Deferrals |
We can delay the first payment—such as a 90-day deferred first payment—or provide skip-payment options when appropriate. |
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Same Day Funding |
In many cases, loan funds can be sent directly to your vendor or the contractor selling the equipment within 24 hours. |
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Zero Down payment |
We typically do not require any money upfront as a down payment on a loan. |
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Contractor-to-Contractor Financing |
We do contractor-to-contractor purchase financing. For example, if a contractor is selling a used truck to another contractor, we can finance that used vehicle for the buyer. |
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Finance Sales Tax |
We can include sales tax in the loan amount for equipment or vehicle purchases. Sales tax varies by state but rolling it into the loan often makes the purchase more manageable for the buyer. |
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Same Day Title Release |
When a customer is ready to pay off the loan, we can provide the payoff documentation (proof of ownership) and lien release the same day. One call to our office is all it takes. |
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Early Payoff |
For qualified customers, after at least 12 months in the loan, the remaining balance can be paid off with no early-payoff penalty. |
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*Terms based on credit approval and subject to change. |
When It’s Time for a New Sweeper Truck
The Section 179 tax deduction is an important consideration for prospective sweeper truck buyers as they plan strategically. As we move into the new year, it may or may not influence a powersweeping company owner’s capital purchasing decisions for 2026.
We encourage business owners to consult with their accountants or tax advisors for guidance on making informed buying decisions. Every business has unique needs, and each owner’s situation is different. Still, the potential tax advantages of making a capital purchase before or after a given year-end are often significant for sweeping business owners.
To learn more about Section 179, OCS has compiled some helpful resources here.
Lender Who Prioritizes Your Customer Experience
Our biggest differentiator is our service. When someone calls, we answer—customers always reach a real person. Our team collaborates to deliver an elevated experience, including fast turnaround times.
We work efficiently and diligently from the very first conversation through the completion of the loan contract—and beyond. We stay in touch with our customers to answer questions and support their next equipment purchase. We value the trust our customers place in us and focus on building strong relationships that make it easy for them to work with us again.
Every customer’s situation is unique. We aim to support and guide our customers, but we can’t always see everything happening behind the scenes. While we’re here to help, we’re not business consultants—and we never want to place someone in a loan that isn’t the right fit. Ultimately, business owners are the ones who know what’s best for their companies, and we trust them to make the decisions that serve them well.
For information about Oakmont Capital Services, you can call (877) 701-2391 M-F 8am-5pm CST, or visit oakmontfinance.com anytime. Also, here is a link to our sweeping page: https://oakmontfinance.com/industries/sweeping-equipment-financing/.