The equipment secures the loan
Equipment Financing
Finance machinery, vehicles, or equipment — the asset itself is the collateral.
Equipment financing funds the machinery, vehicles, or technology your business runs on. Because the equipment secures the loan, approval is often faster and accessible even with a shorter track record.
Read the complete guide →Best for
- Buying machinery, vehicles, or equipment
- Preserving working capital
- Newer businesses with a clear asset to finance
Common uses
- Machinery and tools
- Commercial vehicles
- Technology and hardware
- Restaurant or medical equipment
What you'll need
- A specific equipment purchase
- Repayment ability
- Owner credit reviewed
At a glance
- Amount
- Up to ~$1,000,000
- Collateral
- The equipment itself
- Speed
- Often quick approval
Equipment Financing: which structure?
A few ways this is commonly structured. Your advisor helps you pick the right one.
You finance the purchase and own the asset outright at the end, building equity.
Best for: Equipment with a long useful life you'll keep.
Estimate your equipment financing
Move the sliders to explore. These are illustrative figures, not an offer.
Estimated monthly payment
$2,657
- Amount
- $80,000
- Total interest
- $15,657
- Total of payments
- $95,657
Illustrative estimate, not an offer of credit. Your advisor confirms your real rate and terms.
Equipment Financing questions
Do I need a down payment?
Sometimes little to none, since the equipment secures the loan. Your advisor confirms based on the asset and your profile.
Can a newer business qualify?
Often yes — because the equipment is collateral, equipment financing can be more accessible than unsecured options.
Indicative estimate based on your inputs — not an offer of credit. A specialist confirms exact products, amounts, and terms.
Other financing options
Business Term Loans
A straightforward lump sum repaid over a set term — flexible for almost any purpose.
Learn more →Working Capital Loans
Straightforward funding for payroll, inventory, and the everyday costs of running your business.
Learn more →Business Line of Credit
Revolving access to capital you draw and repay as cash flow requires.
Learn more →
See what you qualify for today.
One application, every option compared. No fee, no obligation, no credit impact.