Information about Alabama

Alabama is one of the few states in the nation to achieve a sizeable budget surplus, obtaining one of almost $1.2 billion in 2007. It has grown to the nation’s second leading producer of automobiles behind Detroit, Michigan. The automobile industry has expanded to provide over 67,000 jobs in Alabama since 1993, and is projected to continue growing.

Alabama’s primary agricultural contributions include, poultry, cattle, dairy, cotton, peanuts, peaches and various grains. It ranks between 8th and 10th among the nation’s leading producers of cotton. Other outputs include iron, steel, lumber and various related products. Aerospace and electronics are also important to the southern state’s economy.

Information about: Covington

County Seat: Andalusia
Etymology: Leonard Covington (1768 – 1813), brigadier general in War of 1812 and U.S. Congressman
Formed From: Formed from Henry County
Date Founded: 1821
Webpage: http://www.covcounty.com


Trident Fund 1, LLC has helped fund equipment needs for several businesses in this state. With our convenient selection of Equipment Leasing, Equipment Loans & Equipment Financing plans, Trident Leasing has more to offer than alternative sources of financing. We finance new and used equipment for startup companies or experienced businesses, and offer the best rates of interest available. Under our programs, lease payments are tax deductible, allowing you to benefit more than you would from a loan.

An immediate expense deduction that business owners can take for purchases to depreciate business equipment instead of capitalizing and depreciating the asset. The Section 179 expensing method is offered as an incentive for small business owners to grow their businesses with the purchase of new equipment.

Contact one of our knowledgeable staff of Equipment Leasing & Equipment Loan Experts to learn more.

What type of information would I need to obtain equipment financing?

We would need the following:

  1. Basic Company Information
  2. Owner Principal Information
  3. Equipment Type & Price
  4. Equipment Location
  5. Your Signature Authorization.

How long does it take to be approved?

Usually in less than 24 hours! Typically requests for up to $200,000 can be approved in a couple of hours from a simple one-page credit application.

What types of equipment loans and financing does Trident do?

Trident provides loans on all types of equipment from CNC machines, Healthcare equipment, Trailer loans, Truck Loans, Technology financing, Restaurant Loans and many other types of equipment.

More questions? Please see our Frequently Asked Questions about Equipment Leasing and Equipment Loans.