Equipment Financing
Acquire the equipment your business needs to grow.
Equipment financing lets you purchase machinery, vehicles, technology, and other essential equipment with the equipment itself serving as collateral. This structure often means lower rates and easier qualification, and you own the equipment outright once the financing is paid off.
How It Works
1
Identify the equipment you need and get a quote.
2
Apply for financing with equipment details and business info.
3
Get approved — the equipment typically secures the loan.
4
Make payments and own the equipment free and clear at payoff.
Benefits
The equipment serves as collateral, easing approval
Preserves your working capital for other uses
Competitive rates secured by the asset
You own the equipment after repayment
Potential tax advantages (consult your advisor)
Pros
Easier qualification, asset-secured
Keep cash on hand for operations
Build equipment equity over time
Flexible terms matching equipment life
Cons
Funds must go toward equipment purchases
Equipment can be repossessed on default
Typically limited to hard assets
Best For
Construction and contractors
Transportation and logistics
Manufacturing and fabrication
Medical, dental, and specialty practices
Eligibility
Identified equipment to purchase (or refinance)
6+ months in business
Stable revenue supporting payments
Reasonable credit standing
Funding Timeline
1
Application
1–2 days
2
Approval
24–48 hours
3
Funding
3–5 business days
Why Choose This Solution
Partners specializing in asset-based financing
Competitive rates secured by your equipment
Guidance on structuring terms to fit your cash flow
Questions
Frequently Asked Questions
Do I own the equipment?
Yes — once the financing is fully repaid, you own the equipment free and clear.
What can I finance?
Machinery, vehicles, technology, medical devices, and most tangible business equipment qualify.
Is a down payment required?
Some programs require a small down payment; many offer 100% financing depending on the asset and qualifications.