Equipment Financing
Financing options for purchasing, upgrading, or replacing essential business equipment.
Overview
Equipment financing is typically tied to a specific asset. The equipment itself often serves as collateral, which is one reason providers may consider a broader range of business profiles for this product.
Common Uses
- Machinery and production equipment
- Commercial vehicles
- Technology and computers
- Medical or dental equipment
- Kitchen and restaurant equipment
- Construction equipment
What to Keep in Mind
- Financing may cover new or used equipment depending on the provider.
- Providers may request quotes, invoices, or specifications.
- Terms are frequently aligned to the expected useful life of the asset.
Frequently Asked Questions
Submitting an application does not guarantee approval or funding. Financing availability, terms, rates, fees, and approval requirements are determined by the applicable financing provider.
Ready to explore your funding options?
Start with a simple application. Tell us about your business and what you're working toward, and we'll help you understand which financing options may be available.
Submitting an application does not guarantee approval or funding.