Equipment Financing
Business Equipment Financing
Get the equipment your business needs without breaking the
bank. Our hassle-free financing options are designed to help you
invest in growth while keeping your cash flow steady.
Funding Amounts
Up to 100% of purchase
Repayment Terms
12 - 84 months
Timeline to Funding
1 - 3 days
What Is Small Business
Equipment Financing?
Equipment financing, also called an equipment loan, is a type of small business funding option that is designed for the purpose of buying machinery or vehicles. It provides small business owners capital to purchase new or used equipment with no money down, using the equipment itself as the collateral for the loan. This allows businesses to protect their cash reserves by spreading out the cost overtime.
Best Ways To Use Equipment
Financing For Your Business.
Whether you’re upgrading outdated equipment or expanding your operations, equipment financing provides a cost-effective solution that keeps your business running smoothly without the upfront financial strain. Here are some of the most common ways businesses take advantage of this flexible funding option.
Purchase Equipment
Buy machinery or equipment to replace any outdated systems or operational process.
Repair Equipment
Maintain a smooth operation by repairing all damaged or broken essential equipment
Replace Equipment
Avoid obsolescence and swap out your existing equipment with new technology.
Upgrade Equipment
Stay current with modifications or additions made to your existing equipment or machines.
Unsure if it's a fit? Check out the funding product use case evaluation for guidance,
or schedule a complementary funding consultation to discuss your specific needs.
The Key Benefits Of
Equipment Financing.
Equipment financing offers a range of benefits designed to help businesses acquire the tools they need without financial strain. Whether you’re looking to improve efficiency, increase productivity, or free up capital, this financing solution can be a game-changer.
Preservation Of Capital
Spread the acquisition cost out over time with manageable monthly payments, allowing you to conserve cash reserves for operations, unforeseen expenses, or strategic initiatives.
Tax Incentives
The IRS Section 179 tax deduction caters to equipment purchase, allowing businesses to deduct the full cost of eligible equipment financed during the same tax year.
Learn more about Section 179.
Build Business Credit
Establish a trade line, and by making timely payments, you have the opportunity to establish or build your business credit, and open doors for future financing opportunities.
Download the required documents checklist.
Build Equity
Build equity with minimal to no out of pocket cost, affordable monthly payments, and full ownership upon payoff, which you can leverage as collateral for future financing, or sell for profit.
How To Qualify For Equipment
Financing For Your Business.
These requirements are a general rule of thumb, but by no means, are they set in stone. Certain exceptions can be
made, depending on the situation. If you're unsure if you'll qualify, reach out to us for personalized assessment.
Minimum Revenue
Minimum of $25,000 average monthly revenue
Minimum Time in Business
Minimum time in business of
2 years or longer
Minimum Credit Score
Minimum personal credit score of 650 or higher
Clean Credit History
No recent charge-offs or accounts in collections
Find out how much funding your business is eligible for.
Applying For An Equipment Loan.
Getting started with equipment financing for your business is a simple, straightforward process. With minimal paperwork and quick approvals, you’ll have the funds needed to acquire essential equipment in no time.
Step 1: Complete Your Application
Fill out our quick online form with basic business details and recent business bank statements.
Step 2: Get Approved For Funding
Our team will review your submission and provide tailored funding options to suit your needs.
Step 3: Receive Your Funds Fast
Your business will receive funds in as little as 24-hours to help you manage cash flow and grow.
Ready To Secure Your
Equipment Financing?
Getting the equipment your business needs shouldn’t be complicated. Our hassle-free application process makes it easy to access the funding you need—fast. Whether you’re replacing old equipment or investing in new technology, we’ll guide you every step of the way to secure the right financing solution.
Still have questions? Check out our FAQs below or speak with a funding specialist.
Equipment financing allows businesses to purchase new or used equipment with as little as $0 down, and affordable monthly payments instead of paying the full cost upfront. Once approved, the funds are paid directly to the equipment vendor in full and the equipment becomes yours. It is, however, secured by the loan until the balance is paid in its entirety, at which point, the ownership is reverted to you.
Virtually any business equipment can be financed, including heavy machinery, office equipment, technology upgrades, vehicles, and specialized tools for your industry.
Approvals can happen in as little as 24-hours, with funding available and funding happening within 48-hours from the time of accepting the offer terms. Be sure to submit the purchase order or invoice from the vendor along with your application and documents.
In many cases, financing is available for up to 100% of the equipment value, with repayment terms typically range from 12 to 84 months, depending on the equipment type, financing amount, whether the equipment is new or used, and business qualifications.
Financing allows you to own the equipment at the end of the term. Once your equipment financing balance is paid in its entirety, the equipment is no long secured by the loan and full ownership is reverted to you. In contrast, leasing provides temporary access with potential lower monthly costs, but no ownership, even after the lease is paid.
Equipment Financing Frequently Asked Questions.
Have questions about working capital loans? We’ve got answers. Understanding how working capital loans work, their benefits, and whether they’re the right fit for your business is key to making the best financial decisions. Check out our most frequently asked questions to get the insights you need.
Not quite the right fit for your business?
Explore these other funding options.
Cash Flow Funding
Business Line of Credit
Merchant Cash Advance
View All Options
Or schedule a funding consultation for a complimentary business funding analysis.