ASSET-BASED
Equipment Financing
Equipment Financing allows you to acquire the machinery, vehicles, technology, and tools your business needs without depleting your cash reserves. The equipment itself serves as collateral, making approval easier and rates more competitive. Choose between equipment loans (you own it) or equipment leases (lower payments, upgrade flexibility). We work with specialized equipment lenders across all industries.
Loan Details
- Loan Amount
$10,000 – $5,000,000
- Terms
2-7 years
- Rates
- Funding Speed
Key Features
- Up to 100% equipment financing
- New and used equipment
- Loan or lease options
- Terms up to 7 years
- Section 179 tax benefits
- Soft credit pull for pre-qualification
Benefits
- Preserve working capital
- Equipment serves as collateral
- Potential tax advantages
- Fixed payments for budgeting
- Fast approval process
- Upgrade flexibility with leases
Requirements
- 1+ year in business
- 600+ credit score
- $100,000+ annual revenue
- Equipment quote or invoice
- Basic business documentation
- Equipment must be business-use
Ideal For
- Construction companies
- Manufacturing businesses
- Medical and dental practices
- Restaurants (kitchen equipment)
- Transportation and logistics
- Technology upgrades
Frequently Asked Questions
Common questions about Equipment Financing
Should I lease or buy equipment?
Leasing offers lower monthly payments and easy upgrades, ideal for technology that becomes outdated. Buying (financing) builds equity and is better for equipment with long useful life. We’ll help you decide based on your situation.
Can I finance used equipment?
Yes! We finance both new and used equipment. Used equipment may have slightly different terms, and we’ll need documentation of the equipment’s condition and fair market value.
What is Section 179?
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment in the year it’s purchased, rather than depreciating it over time. This can provide significant tax savings.
Ready to Get Started?
Our team is ready to help you secure the commercial real estate financing your business needs. Apply now or speak with a funding specialist.
Explore Other Products
REAL ESTATE
Purchase, refinance, or construction loans for office, retail, industrial, and multifamily properties.
WORKING CAPITAL
Revolving credit line for ongoing working capital needs. Draw and repay as needed.
FAST FUNDING
Fast working capital based on your daily credit card sales. No collateral required.
