Skip to main content
    New or Used

    Equipment Financing

    Equipment financing can help a business acquire machinery, vehicles, technology or other eligible assets while spreading payments over time. The equipment commonly supports the financing as collateral, but structure, security and ownership terms vary by partner and agreement.

    Quick Facts

    Loan Amount

    Partner-specific - Partner-specific

    Rate / Cost

    Varies

    Funding Time

    Varies

    Term Length

    Varies

    Key Benefits

    • New and used equipment eligible
    • Financing amounts depend on the asset and applicant
    • Term length depends on the asset and partner
    • Equipment may serve as collateral
    • Preserve working capital

    Requirements

    • Business profile and revenue review
    • Equipment quote or invoice
    • Business financial documents may be required
    • Credit and asset eligibility review

    Ideal For

    Heavy machinery and vehicles
    Medical and dental equipment
    Restaurant equipment
    Technology and software
    Construction equipment

    Frequently Asked Questions

    Yes, many lenders offer financing for both new and used equipment. The terms may vary based on the equipment's age and condition.

    With equipment financing (as opposed to leasing), you own the equipment once the loan is paid off. Some arrangements may have a small buyout at the end.

    Almost any business equipment can be financed, including vehicles, machinery, computers, software, medical equipment, restaurant equipment, and more.

    Have more questions? Visit our full FAQ page or contact us.

    Explore Other Financing Options

    Unsecured Working Capital

    Explore short-term business financing that may not require specific business assets as collateral. Eligibility and repayment terms vary by financing partner.

    Learn More

    Business Lines of Credit

    Explore revolving business credit that can be drawn when needed, subject to a partner's approval, fees and account terms.

    Learn More

    Accounts Receivable Financing

    Explore financing that uses eligible unpaid invoices to support business cash flow. Customer quality, invoices and applicant factors may all be reviewed.

    Learn More

    Explore Business Financing Options

    Tell us about your business and financing needs. We may introduce your request to a third-party financing partner for review.

    Business financing only
    No guaranteed approval
    Terms set by the lender