Long-Term Loans
Larger amounts spread over years, with gentler monthly payments for investments that pay off over time.
Explore Long-Term Loan
Asset-backed
Equipment Financing
Acquire trucks, machinery, or technology and let the equipment itself secure the loan — keep working capital free.
Amount range$10K – $2M
Typical term1–7 years
Funding speed1–3 days
What it is
A closer look at the Equipment Financing
Equipment financing lets you acquire the trucks, machinery, kitchen lines, medical devices, or technology your business needs without paying the full cost upfront. The equipment itself serves as collateral, which keeps rates competitive and your working capital free for everything else. You can often finance up to 100% of the purchase price, including soft costs like delivery and installation.
Whether you are buying new or used, from any vendor, this product matches the repayment term to the useful life of the asset — so the equipment is paying for itself as you use it. Financed equipment may also carry meaningful tax advantages worth discussing with your accountant.
Funding range$10K – $2M
Best for
Is the Equipment Financing right for you?
This product tends to be the strongest fit when one of these sounds like your situation.
- Buying vehicles or machinery. Trucks, trailers, forklifts, CNC machines, and heavy equipment.
- Outfitting a space. Commercial kitchens, salon stations, dental chairs, and fitness gear.
- Technology upgrades. Servers, POS systems, diagnostic tools, and specialized hardware.
- Preserving cash. Keep reserves and credit lines open while still acquiring big-ticket assets.
How it works
From application to funding
01 Step 1
Pick your equipment
Choose new or used gear from any vendor and send us the quote or invoice.
02 Step 2
Quick approval
We underwrite using the asset as collateral — decisions usually within a day.
03 Step 3
Review your terms
Get a payment schedule matched to the equipment useful life.
04 Step 4
Vendor gets paid
We pay the vendor directly and you put the equipment to work.
Eligibility
What you need to qualify
Our requirements are refreshingly simple. Most businesses that meet these baselines are a strong candidate.
- 6+ months in business. A short operating history is enough to get started.
- $15,000+ in monthly revenue. Consistent revenue matters more than perfection.
- 500+ credit score. We look at the whole picture, not just one number.
Checking your options is free and uses a soft inquiry that does not affect your credit score.
Rates & terms
The details
| Detail | Equipment Financing |
|---|---|
| Funding range | $10,000 to $2,000,000 |
| Term length | 1 to 7 years, matched to the asset useful life |
| Financing | Up to 100% of equipment cost, including soft costs |
| Collateral | The financed equipment itself secures the loan |
| Funding speed | 1 to 3 business days |
Figures are illustrative and for demonstration only. Actual rates, fees, and terms depend on underwriting and your business profile. Not an offer of credit.
Why owners choose it
The benefits at a glance
Finance up to 100%
Cover the full cost, often including delivery and installation, with little to nothing down.
Competitive rates
Because the asset secures the loan, pricing is typically lower than unsecured options.
Possible tax advantages
Financed equipment may qualify for valuable deductions — ask your accountant.
New or used, any vendor
Buy the right equipment from the right supplier without restrictions.
Industries that lean on it
Popular with these businesses
See how the Equipment Financing fits the way your industry actually runs.
Questions
Equipment Financing FAQ
Yes. We finance both new and used equipment from any vendor, with terms matched to the asset remaining useful life.
Often no. Many deals finance up to 100% of the cost, though a down payment can lower your rate or payment depending on the asset.
With a financing agreement, you own the equipment outright once it is paid off. Lease-style structures may include a purchase option.
Financed equipment frequently qualifies for deductions such as Section 179. We are not tax advisors, so confirm specifics with your accountant.
Related funding
Other products to consider
Many owners blend two products for the perfect fit. Here are the ones most often paired with this one.
Ready for a equipment financing?
Apply in five minutes with no impact to your credit score, and talk to a real advisor today.