How to acquire the machinery, vehicles and technology your business needs without draining your cash.
Equipment financing lets you acquire what your business needs to operate and grow while preserving cash. Because the equipment itself usually secures the financing, approvals can be faster and terms more favorable than unsecured options.
How it works
A lender funds the purchase and you repay over a term typically matched to the equipment's useful life. At the end, you usually own the asset outright. Some arrangements are structured as leases with a buyout option.
Why businesses use it
- Preserve working capital and credit lines for operations.
- Match the cost of the asset to the revenue it generates.
- Access newer, more efficient equipment sooner.
- Potential tax advantages — ask your accountant about Section 179.
What lenders look at
Time in business, revenue, credit profile, and the type and value of the equipment. Newer businesses can still qualify — the asset reduces the lender's risk.
Tell us what you're buying and we'll match you with lenders who specialize in financing that exact type of equipment.