Equipment financing
Finance the equipment that runs your business.
Equipment loans and leases use the equipment as collateral. That often means a smaller down payment and a faster decision than a general business loan.
Check my options →Vehicles
Trucks, vans and service vehicles.
Machinery
Production, wash, laundry and shop equipment.
Technology
Point-of-sale, diagnostics and software-linked hardware.
Typical terms
- Amount
- Often up to 100% of the equipment cost
- Term
- Usually matched to the equipment's useful life
- Structure
- Loan or lease, new or used
- Speed
- Often days to a few weeks
General market ranges, not an offer. The lender sets final terms.
What you'll need
- ✓A quote or invoice for the equipment
- ✓Recent business bank statements
- ✓Business tax returns for larger amounts
Common questions
Should I lease or buy?+
Buying builds equity and usually costs less over time. Leasing keeps payments lower and makes upgrades easier. It depends on how long you'll use it.
Can I finance used equipment?+
Yes, many lenders do, though terms may be shorter depending on age and condition.
Do I need a down payment?+
Sometimes none. It depends on your credit, time in business and the type of equipment.
Ready to see your options?
Get funded →