$10,000 - $250,000
3 - 60 months
Equipment financing is the use of a loan or lease to purchase or borrow hard assets like machinery for your business. Rather than paying for the assets in full upfront, equipment financing allows you to receive the equipment you need now while allowing you to pay for the asset over a period of time.
This is ideal for purchasing healthcare equipment, construction vehicles and machinery, kitchen equipment, and other large hard asset purchases that allow you to increase production and grow your business.
Typically, the equipment secures the loan and serves as collateral.
These loans are perfect for business owners that need a piece of equipment long-term but aren't able to make the purchase upfront.
Secure Financing for your Business
Applying is quick and easy! Remittances are automatically debited from your account at a fixed rate each month, giving you the peace of mind.
Because your monthly revenue may go up and down, we give you the option to request an adjustment to your remittances to better fit your revenue of that month.
We find the lowest rates and pass the savings on to you. We can get you the equipment financing your business needs in 1-2 business days.
Minimum Qualifying Criteria
670+ personal credit score (for startups)
580+ personal credit score (for 2+ yrs in business
Signed one page funding application
3-5 most recent business bank statements
Invoice or quote for the desired equipment
Loans & Leasing
Allows you to access equipment you need right now.
Generally carries lower monthly payments than many other flexible financing options.
The equipment is often collateralized, making it easier to qualify for than most other unsecured financing options, therefore a strong credit score or annual revenue to qualify is not required.
Purchasing equipment outright will always be less expensive than financing it and equipment that needs replacing frequently may precipitate more debt.