Get the equipment now. Pay as it earns.
Finance new or used equipment, with the equipment itself typically securing the deal.
Free to apply. No obligation.
What is equipment financing?
Equipment financing covers the purchase of a specific asset, like a truck, an oven, a machine or medical gear. Because the equipment secures the financing, approvals can be easier and payments lower than unsecured options.
You'll usually need a quote or invoice from the seller.
A good fit for
- Trucks, trailers and vehicles
- Kitchen, shop and production equipment
- Medical and dental equipment
- Replacing aging gear before it fails
Equipment financing vs. working capital
| Equipment financing | Working capital | |
|---|---|---|
| Use of funds | A specific asset | Anything the business needs |
| Secured by | The equipment | Usually not specific collateral |
| Typical term | Matches the asset's useful life | Shorter |
| Paperwork | Quote or invoice needed | Bank statements |
What it usually takes.
These are typical starting points. Stronger files usually unlock more.
Questions about equipment financing
Can I finance used equipment?
Often, yes. Terms can depend on the equipment's age and condition.
Is there a down payment?
Some programs need one and some don't. It depends on your credit, history and the equipment.
Can I buy from a private seller?
Some funders allow it with extra paperwork. Tell us about the deal and we'll check.
Let's get your funding moving.
It takes a few minutes to apply and you're never obligated to accept.