Equipment Financing
Get the equipment now, pay as it earns.
- Equipment is the collateral
- Preserves your cash
- Buy or lease options
Decision as fast as 24 hours · No hard credit pull
Fixed payments over the equipment’s useful life. You own it outright at the end.
Overview
Equipment financing lets you buy or lease the machinery, vehicles, or technology your business needs without paying the full cost up front. The equipment itself serves as collateral, which often makes approval more accessible and helps keep terms favorable. You spread the cost over the equipment's useful life so it can earn its keep while you pay for it.
This fits any business making a specific equipment purchase, a contractor adding a truck, a restaurant upgrading kitchen gear, a clinic buying new machines. Because it preserves your working cash and ties the funding to a tangible asset, it's a clean way to grow capacity without draining the bank account or tying up a general-purpose credit line.
- Equipment is the collateral
- Preserves your cash
- Buy or lease options
Is a equipment financing right for you?
Great for:
- Buying vehicles or machinery
- Upgrading kitchen or shop gear
- Adding capacity to grow
- Replacing aging equipment
How it works
How a equipment financing works.
You check your options with a soft credit pull that doesn't affect your score and identify the equipment you want to buy or lease. Partners size the funding around that asset's cost.
Because the equipment secures the financing, approval is often more accessible. Once approved, funds go toward the purchase and you take possession of the equipment, frequently within a day or two.
You repay over a term aligned to the equipment's useful life, typically with fixed payments. When the term ends, you own the equipment outright (or return it, if you leased).
At a glance
Equipment Financing terms.
The upside
- Equipment serves as collateral
- Preserves your working cash
- Often more accessible approval
- Buy or lease flexibility
Things to weigh
- Funds limited to equipment
- Equipment secures the financing
- Asset may depreciate over time
Common questions
Equipment Financing FAQs.
Do I need separate collateral?
Usually not. The equipment you're financing typically serves as the collateral itself, which can make approval more accessible than unsecured options.
Can I lease instead of buy?
Yes. Equipment financing can cover either a purchase or a lease, depending on what fits your business and whether you want to own the asset at the end.
What can I finance?
A wide range of business equipment, vehicles, machinery, technology, and more. The funding is tied to the specific asset you're acquiring.
How It Works
Funding that moves at your speed.
Apply in minutes
A short online application, no hard credit pull to see your options.
Get matched
We review your profile and match you to the financing that fits your business.
Review your offer
Talk it through with a real funding specialist. No pressure, no jargon.
Get funded
Accept your offer and receive funds, as soon as the same day.
Do You Qualify?
Our basic requirements.
Other underwriting factors may apply. Not all applicants will qualify.
Apply for a equipment financing.
Tell us about your business and a funding specialist will reach out with your options. About 2 minutes, no hard credit pull, no obligation.
Start Your Application