EQUIPMENT FINANCING
Get the equipment you need to quickly generate revenue and grow your business without huge upfront cost or tying up your cash flow and other lines of credit.

Explore Fast Funding Options

Fill out the form and our underwriting team will reach out to get you an offer in minutes and funds in your account in days instead of weeks or months

There’s no obligation to accept the offer OR impact to your credit score.

Fast Funding Form

Amounts

$10k to $10M

Term

36 to 72 months

Approval

As little as same day

Funding

As little as 3 business days

FAQs: Revolving Line of credit

Equipment financing is a type of business loan specifically designed to help companies purchase or lease the equipment they need for their operations – the equipment itself often acts as the collateral for the loan, thus, preserving cash flow and/or other lines of credit. It also has an attractive tax deduction component as businesses can often declare payments as a business expense.

Equipment financing can be used for almost any type of business equipment including office furniture, farm machinery, medical equipment, commercial ovens, 3D printers, fleets of vehicles, computer servers, construction machinery, etc.  However, it can’t be used to purchase a building, land or any other type of real estate for your business.

Typically, equipment financing covers the full cost of the equipment including taxes, delivery, installation, and other related expenses, however, some lenders may require a 10%-20% down payment of the total cost, depending on the creditworthiness of the business. The length of the loan term ranges from 3 to 7 years. Lenders often structure the loan to align with the expected useful lifespan of the equipment.

Minimum Requirements

  • Minimum $10,000 Monthly Revenue
  • At least 6 months in business
  • No open bankruptcies
  • 4 most recent monthly business bank statements
  • 600+ Personal Credit