Aztec Financial

What Aztec Financial does

Aztec Financial is a US commercial financing company founded in 1997 that provides equipment leasing, commercial vehicle financing, working capital solutions, business lines of credit, and consumer finance to small and mid-sized specialty contractors operating in carpet cleaning, flood and fire restoration, HVAC, janitorial/sanitation, pressure washing, surface preparation, and mobile work vehicle industries. The company was originally established by the owners of Bridgewater Companies (the Hanks brothers) and CFO John Sirrine to address the gap in traditional financing for niche cleaning and restoration contractors, and it has since been acquired by Taycor Financial in 2021, under which it now operates as a subsidiary brand while continuing to run its direct-to-consumer online application portal and inside sales finance specialist team. Its product platform spans equipment leases and loans with 12-60 month terms and multiple end-of-term structures (Fair Market Value, $1 Buyout, 10% Purchase Option), working capital up to $500,000, business lines of credit up to $3,000,000 with terms up to 84 months, and a Home Owner Support consumer finance program that allows contractor customers to finance end-homeowners; these are complemented by a Fleet Sales and Upfitting operation that bundles commercial vehicles with customization services. Aztec makes money primarily through interest, origination fees, and lease economics on financed equipment and vehicles, distributed via three channels: a 24/7 self-serve online application (with soft credit pull for amounts up to $250,000), an inside sales team of industry-trained finance specialists, and a Preferred Vendor Partner program that co-sells financing at point of sale through relationships with major equipment manufacturers and distributors including Sapphire Scientific, Dri-Eaz, ProChem, Hydramaster, Phoenix, Alkota, Blastrac, National Flooring, TCS, and Karcher.

Name

Aztec Financial

Legal name

Aztec Financial

Website

https://aztecfinancial.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Aztec Financial, a Taycor Financial subsidiary, provides equipment leasing, vehicle financing, working capital, business lines of credit, and consumer finance to small and mid-sized specialty contractors in carpet cleaning, restoration, HVAC, janitorial, pressure washing, and surface preparation industries.

Ownership category

akta.pro rank

Product category

Commercial Equipment Financing

NAICS

Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Fleet & Commercial Vehicle Finance (FSAKADAE)

Keywords

• Equipment financing
• Commercial vehicle financing
• Working capital loans
• Business lines of credit
• Specialty contractor lending

Headquarters

HQ city

South Jordan

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Others

Revenue model

1. Equipment Leasing and Loans: Provides financing for new and used equipment with term lengths from 12 to 60 months. Revenue generated through interest and fees on financed equipment. Supports all major manufacturers and equipment types for specialty contractors.
2. Commercial Vehicle Financing: Financing for trucks, trailers, buses, and specialty vehicles. Can be financed separately or bundled with equipment packages. Revenue from financed vehicle transactions with competitive rates and terms.
3. Working Capital Solutions: Unsecured financing up to $500,000 with flexible terms from 6 to 24 months, and hybrid lines of credit for bridge financing needs. Based on annual sales volume and can grow with business.
4. Business Lines of Credit: Loans approved up to $3,000,000 with terms up to 84 months. Fixed rate draw structures with no required usage fees, providing flexible capital access for growing businesses.
5. Consumer Finance (Homeowner Support): Merchant finance program allowing contractors to offer financing to homeowners who are underinsured or lack capital for repairs. Funds paid directly to customer bank account; no transaction fees to contractor.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Aztec Financial provides commercial financing—equipment leases and loans, commercial vehicle financing, working capital, business lines of credit, and a consumer home-owner support program—for specialty service contractors in cleaning, restoration, HVAC, janitorial, pressure washing, and surface preparation industries. Financing ranges from $500 to $5 million across products, with approvals delivered within hours for qualifying applications up to $250,000. The company also provides fleet sales and vehicle upfitting services that bundle commercial vehicles with custom interior build-outs.

Product overview

Aztec Financial is a commercial financing company offering a unified platform of lending products designed for specialty contractors in cleaning, restoration, and related service industries. The core product portfolio consists of five main financing instruments: Equipment Leases & Loans (12-60 month terms for equipment), Commercial Vehicle Financing, Working Capital Solutions (up to $500,000 unsecured), Business Lines of Credit (up to $3,000,000), and Consumer Finance (Home Owner Support Program for merchant-referred customer financing). These core products are complemented by Fleet Sales & Upfitting services that bundle vehicle purchases with customization options including shelving, partitions, storage, liners, lighting, mobile office, heaters, ladder racks, ramps, wraps, and ceramic coating. Aztec Financial also provides industry-specific financing variants tailored for carpet cleaning, flood/fire restoration, HVAC, janitorial/sanitation, pressure washing, surface preparation, and work vehicles. The company, acquired by Taycor Financial in 2021, serves as a one-stop financing solution combining multiple financial products with vehicle upfitting services for small to medium-sized specialty contractors.

Differentiator

Problem solved

Functional benefit

Products and services

• Equipment Leases & Loans Equipment leasing and loan products designed for specialty contractors, with term lengths from 12 to 60 months and various end-of-term options (Fair Market Value, $1 Buyout, 10% Purchase Option) to finance new and used equipment purchases from carpet cleaners to surface preparation machinery.
• Commercial Vehicle Financing Financing solutions for commercial vehicles including trucks, trailers, buses, and specialty vehicles, available through dealerships, private parties, or auctions with approval within hours. Vehicles can be financed separately or bundled with equipment packages.
• Working Capital Solutions Flexible financing products providing access to funds between equipment purchases, including unsecured financing up to $500,000 with 6 to 24 month terms and hybrid lines of credit for bridge financing needs, with daily, weekly, or monthly payment options.
• Business Line of Credit Revolving credit facility with fixed rate draw structures and no required usage fees, providing access to capital up to $3,000,000 with terms up to 84 months and approval in as little as 24 hours.
• Consumer Finance / Home Owner Support Program Merchant finance program enabling contractors to offer financing to homeowners who are underinsured or lack sufficient capital to cover repair costs and insurance deductibles; funds paid directly to customer bank account with no transaction fees to contractor.
• Fleet Sales & Upfitting Complete vehicle package solutions combining commercial fleet vehicles with custom upfitting services, including cargo vans, box trucks, and work trucks with professional installation and delivery.
• Vehicle Upfits & Customization Commercial vehicle customization services including shelving, bulkhead partitions, storage cabinets, spray liners, poly flooring, wall/ceiling liners, interior/exterior lighting, mobile office packages, heaters, ladder racks, ramps, wraps/graphics, ceramic coating, and accessories.

Quantifiable outcome

• Equipment financing approval within 2 hours for requests up to $150,000
• +3 more outcomes

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor.

• Sapphire ScientificminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec provides financing for Sapphire Scientific carpet cleaning and restoration equipment through their vendor partner program.
• Dri-EazminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner specializing in restoration products. Aztec offers financing options for Dri-Eaz restoration equipment through preferred vendor partnerships.
• ProChemminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec provides financing solutions for ProChem carpet cleaning chemicals and equipment.
• HydramasterminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec offers financing for Hydramaster carpet cleaning and extraction equipment.
• PhoenixminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec provides financing options for Phoenix restoration and drying equipment.
• AlkotaminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec offers financing for Alkota steam cleaning and pressure washing equipment.
• BlastracminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec provides financing for Blastrac surface preparation equipment including grinders and shot blasters.
• National Flooring EquipmentminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec offers financing for National Flooring equipment used in surface preparation.
• TCSminorChannel Partner/ Reseller/ DistributorEquipment distributor partner. Aztec provides financing solutions through TCS distribution channels.
• KarcherminorChannel Partner/ Reseller/ DistributorEquipment manufacturer partner. Aztec offers financing for Karcher pressure washers and cleaning equipment.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Taycor Financial: Parent company that acquired Aztec in 2021; provides the technology infrastructure and broader contractor financing product suite. Directly comparable in product offering (equipment leasing, working capital, lines of credit) but broader in industry coverage.
• Currency Capital: Specialty equipment financing lender focused on small-to-mid market businesses. Closely comparable business model — non-bank equipment leasing and loans — and competes for similar contractor/SMB customers.
• Balboa Capital: Direct equipment financing and leasing competitor for small businesses, offering equipment leasing, working capital, and lines of credit. Closely comparable across customer segment and product mix.
• TimePayment: Equipment financing and leasing specialist serving small businesses and equipment vendors — virtually identical business model to Aztec across leasing structures, vendor partner programs, and SMB underwriting.
• Direct Capital Corporation: Equipment leasing and financing provider focused on small and mid-sized businesses across industries. Comparable product menu (leases, loans, working capital) and vendor partner distribution channel.
• National Funding: Small business financing company offering equipment leasing, working capital, and lines of credit. Directly comparable in target customer and product types though with broader industry coverage.
• Smarter Equipment Finance: Equipment leasing and financing provider targeting small to mid-sized businesses across multiple verticals. Comparable business model with similar product range and inside-sales distribution approach.

Emerging players

• Acquire Finance: Equipment financing platform focused on small businesses, with growing presence in vendor partnership programs. Comparable in niche targeting but smaller scale than Aztec/Taycor.

Broad incumbents

• CIT Group / First Citizens Commercial Finance: Large commercial equipment finance player offering leasing, vendor financing, and capital finance across industries. Operates broadly rather than specializing in Aztec's contractor niche, but represents the competitive ceiling on price and capacity.
• Wells Fargo Equipment Finance: Bank-affiliated equipment finance division offering broad leasing and lending products to businesses. Represents large, well-capitalized incumbents that can compete across pricing and capacity in Aztec's verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/aztec.financial
• Facebookfacebook.com/AztecFinancial
• LinkedInlinkedin.com/company/aztec-financial

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aztec Financial