Equipment Financing
All the tools for success.
From vehicles to machinery to the doohickeys in between — finance the equipment your business runs on, with the asset itself as collateral.
- Funding amount
- Up to $250K
- Term
- 1–5 years
- Cost
- As low as 8%
- Repayment
- Monthly payments
Need equipment?
You can finance just about any kind of business equipment.
Many small business owners hear about equipment financing and think of tractors and backhoes. Yes, construction equipment is totally financeable — but so is a bunch of other stuff. In fact, there's an equipment financing option to cover tools and resources for just about every small business industry. Big or small, basic or complicated, doohickey or doodad — whatever you need, we'll help you cover the costs.
How does it work
It's pretty easy to qualify and apply for equipment financing.
To get equipment financing, you'll typically need to be in business at least 12 months, have $50,000 or more in annual revenue, and a credit score of 650 or higher. If your score is lower than 650 but you can show solid cash flow and revenue for the past 3–6 months, you can still qualify. Don't worry if you don't meet every requirement — exact qualifications vary by lender and equipment type, and the best way to find out is our free 15-minute application or a chat with one of our personal funding managers.
We have the flexibility
Costs can vary as much as your equipment can.
Your equipment loan payments are determined by four things: your loan amount, interest rate, term, and collateral. These factors can vary widely across industries and equipment types. That's why we work with a variety of lenders who specialize in industry-specific loans — so we can help you find the best deal for the equipment you actually need.
From vehicles to pencils
What kind of equipment can I finance?
Regardless of your company's industry, exploring your equipment finance options could help the success of your business. Plus, unlike a personal loan, you won't always be held personally responsible for repaying the loan, depending on the lender. Unless a personal guarantee is required, equipment financing is tied to the company and uses the asset itself as collateral.
All 50 states
Funding across the nation
We're connected to America's largest small business loan marketplace, which means we connect you to more loan options than anyone else. All you have to do to gain access to our nationwide network of lenders is fill out the online application.