Financing Program
Equipment Financing & Leasing
Equipment financing lets you preserve working capital while acquiring the machinery, vehicles, and technology your business needs. The equipment serves as collateral, enabling competitive rates even for businesses with limited balance sheet strength.
Loan Range
$20,000 – $5,000,000
Term Range
2 – 7 years
Structure
Finance the tools your business runs on
What It's Used For
Common Use Cases
Purchase construction or manufacturing machinery
Finance commercial vehicles and fleet expansion
Acquire medical, dental, or lab equipment
Upgrade restaurant or food service equipment
Purchase or lease technology infrastructure
Program Details
Key Features
Finance up to 100% of equipment cost
Soft costs (installation, shipping) may be included
Fixed monthly payments for predictable budgeting
Available for new and used equipment
Full ownership at loan maturity
No blanket lien on business assets in most cases
How It Works
How This Financing Is Structured
Equipment loans use the financed equipment as collateral, reducing risk for the lender. The equipment's useful life typically defines the loan term. Leases may be structured as operating or capital leases depending on accounting and tax objectives.
Fit Assessment
Is This the Right Program?
✓ This program IS a good fit when:
- →Businesses needing specific equipment to operate
- →Companies preserving working capital for operations
- →Operators replacing or upgrading existing equipment
- →Businesses with strong equipment collateral
✗ This program is NOT the right fit when:
- ✗General working capital needs unrelated to equipment
- ✗Businesses with no clear equipment collateral
- ✗Startups with no revenue or operating history
- ✗Equipment purchases under $10K — often not worth structuring
Common Questions
Frequently Asked Questions
What types of equipment qualify?
Most business-use equipment qualifies — machinery, vehicles, medical devices, restaurant equipment, construction equipment, technology, and more. The equipment must be identifiable and have a determinable useful life.
Is equipment financing the same as an equipment lease?
No. With financing, you own the equipment and build equity. With a lease, you use the equipment for a period and may have buyout options at the end. The right structure depends on your tax strategy and long-term needs.
Can I finance used equipment?
Yes, though lenders will assess the equipment's age, condition, and remaining useful life. Used equipment financing is common for vehicles, construction equipment, and manufacturing machinery.
Keep Exploring
Related Programs
Lines of Credit & Term Loans
Flexible working capital structured around your cash flow
Learn more →Commercial Real Estate Loans
Acquisition, refinance, and construction for income-producing properties
Learn more →SBA 7(a) & 504 Loans & Rates
Government-backed financing for owner-operated businesses
Learn more →From the Insights Library
Related Reading
Ready to Move Forward
Finance Your Equipment
No cost. No obligation. A direct conversation about whether this program fits your deal.