Equipment Financing
Finance or lease the equipment your business needs without tying up your working capital. From machinery to technology.
87%
Approval Rate
4 Days
Avg. Time to Fund
$145K
Avg. Financing Amount
$28K
Tax Savings (Avg.)
Overview
Equipment financing allows your business to acquire the machinery, vehicles, technology, or other equipment needed to operate and grow -- without a large upfront payment. The equipment itself serves as collateral, which often means easier qualification and competitive rates. Whether you are purchasing new equipment or refinancing existing assets, we help you find the right financing structure for your needs. Our equipment financing programs cover virtually any type of business asset: from commercial vehicles and construction machinery to medical devices, restaurant equipment, and IT infrastructure. We work with manufacturers, dealers, and private sellers to ensure a smooth transaction.
Key Benefits
Who Is This Ideal For?
- 1Businesses that need expensive equipment but want to preserve cash
- 2Companies replacing aging equipment that is hurting productivity
- 3Growing businesses adding capacity with new machinery
- 4Owners who want to take advantage of Section 179 tax deductions
- 5Businesses where equipment is essential to generating revenue
Real-World Use Cases
A construction company finances a $350,000 excavator to take on larger commercial projects
A dental practice leases $120,000 in digital imaging equipment to offer new services
A trucking company finances 5 new semi-trucks at $180,000 each to expand their fleet
A restaurant leases a $45,000 commercial oven and walk-in cooler for a new location
A manufacturer finances a $250,000 CNC machine to increase production capacity by 60%
A print shop upgrades to a $80,000 digital press to offer faster turnaround and new capabilities
Quick Facts
Funding Range
$10,000 - $5,000,000
Funding Speed
3-7 business days
Term Length
2 - 7 years
No obligation. Free consultation.
Upload Documents
Optional -- speed up your application by preparing these documents.
Bank Statements
Last 3 months of business bank statements
Driver's License
Valid government-issued photo ID
Voided Check
Voided check from your business account
How to Qualify
- 1Minimum 1 year in business
- 2Equipment quote or invoice required
- 3Credit score of 600+
- 4Annual revenue of $150,000+
- 5Equipment must have a clear business purpose
Industries We Serve
The Process
How Equipment Financing Works
Our streamlined process gets you from application to funded as quickly as possible.
Identify Your Equipment
Get a quote or invoice from the dealer, manufacturer, or private seller for the equipment you need. New, used, and refurbished equipment all qualify.
Apply with the Quote
Submit your application along with the equipment quote. We need basic business information and 3 months of bank statements. The process takes about 10 minutes.
Get Approved & Choose Structure
Receive approval within 24-48 hours. Choose between a traditional loan (you own the equipment) or a lease structure (lower payments with an option to buy at the end).
Equipment Delivered, You Start Working
We pay the vendor directly, and your equipment is delivered. You start making payments and using the equipment to grow your business immediately.
Get Started
How to Apply
Follow these simple steps to begin your funding journey.
Get Your Equipment Quote
Obtain a written quote or invoice from the dealer, manufacturer, or seller. Include the make, model, year, and price. Photos are helpful for used equipment.
Submit Your Application
Complete our online application with your business details and upload the equipment quote along with 3 months of bank statements.
Choose Your Structure
Once approved, decide between a purchase loan or lease. Your advisor will walk you through the monthly payment, total cost, and tax implications of each option.
Get Your Equipment
Sign your agreement, and we coordinate payment directly with the vendor. Your equipment is ordered or delivered, and you start using it immediately.
Honest Assessment
Pros & Cons
We believe in full transparency. Here is an honest look at the advantages and limitations.
Advantages
- Preserves working capital for other business needs
- Equipment acts as its own collateral (no additional security needed)
- Significant tax deductions available (Section 179)
- Fixed payments make budgeting easy
- Builds business credit with on-time payments
Considerations
- Total cost is higher than buying with cash
- Equipment may depreciate faster than the loan term
- Early termination may incur penalties
- Some older or specialized equipment may not qualify
Common Questions
Equipment Financing FAQ
Get answers to the most frequently asked questions about this funding product.