Buy the asset without draining the account.
Finance machinery, vehicles, technology and fit-out from $15,000 to $5 million. The equipment itself is the collateral, which keeps the rate down and your cash free.
Self-collateralizing, and therefore cheaper
The lender takes a security interest in the equipment being purchased. If the loan defaults, the asset is the remedy — so the lender needs less from you elsewhere.
That single structural fact is why equipment financing is usually the lowest-cost option available to a business that would otherwise be looking at a working capital advance. Credit requirements are softer, terms are longer, and approval leans on the asset's resale value as much as on your balance sheet.
It covers new and used equipment, private-party purchases, soft costs like delivery and installation, and in many cases refinancing equipment you already own outright.
| Amount | $15,000 – $5,000,000 |
| Term | 24 – 84 months |
| Payment frequency | Monthly |
| Speed to funding | 2 – 5 business days |
| Down payment | 0 – 20% depending on profile |
| Collateral | The financed equipment |
| Eligible | New, used and private-party purchases |
| Tax note | May qualify for Section 179 — ask your CPA |
Where this works — and where it doesn't
Every financing product is wrong for someone. Here is who this one is wrong for.
A good fit when
- You are buying a long-lived asset that will produce revenue for years
- You would rather keep working capital free for operations
- Your credit is mid-range — the collateral does a lot of the work here
- The equipment has resale value (vehicles, machinery, medical, restaurant, construction)
- You want the term to match how long the asset will actually last
Look elsewhere if
- The money is for payroll, inventory or marketing — this product cannot be used that way
- The equipment is highly specialized with little resale market
- You need funding in under 48 hours
- The asset will be obsolete well before the term ends
- You are leasing rather than buying — that is a different structure
What it takes to qualify
How this is priced
An interest rate, held down by the collateral
Because the asset secures the loan, equipment financing prices closer to a bank rate than to a cash-flow product. The strongest files see rates competitive with conventional bank lending; weaker credit still gets approved, at a higher rate or with a down payment.
Terms are set against the equipment's useful life — a commercial vehicle might run 60 months, a kitchen build-out 36, specialized machinery up to 84. Matching the term to the life of the asset is the whole point: you should not still be paying for something you have already replaced.
Ask your CPA about Section 179. Qualifying equipment can often be deducted in the year it is placed in service rather than depreciated over time, which can materially change the after-tax cost. We are not tax advisors and this is not tax advice — but it is worth the phone call before you sign.
Equipment Financing FAQ
Yes, including private-party purchases. Age and condition affect the term and the advance rate — a ten-year-old machine will not get an eighty-four month term — but used equipment is financed routinely.
Often not. Strong files regularly get 100% financing including delivery and installation. Weaker credit or unusual equipment may require 10 to 20% down. Your offer states this explicitly.
Frequently, yes — a sale-leaseback or equipment refinance converts an asset you own outright into working capital while you keep using it. Useful when you have equity in equipment but need cash.
The obligation to repay continues regardless of the equipment condition, which is standard across all equipment lending. Manufacturer warranties and your own insurance are what protect you here — confirm both before purchase.
Less than you might expect. Because the lien is specific to the financed equipment rather than a blanket filing on all assets, it typically leaves more room for a working capital facility alongside it than a general UCC-1 would.
Compare other options
One application puts all six in front of you.
Business Term Loan
If the purchase is not a financeable asset, a general term loan covers it.
SBA Loan Assistance
The 504 program is purpose-built for major equipment and real estate.
Business Line of Credit
For the smaller recurring purchases that do not warrant their own loan.
Finance the equipment, keep the cash
Send us the vendor quote and we will tell you what the payment looks like — usually same day.