The equipment secures the loan

Equipment Financing

Finance machinery, vehicles, or equipment — the asset itself is the collateral.

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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.

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
See my real options →

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

See what you qualify for today.

One application, every option compared. No fee, no obligation, no credit impact.