Acquire the equipment you need without draining your cash flow. Keep your business running with new machinery, vehicles, or technology while preserving working capital.
Equipment financing helps your business grow without depleting cash reserves
Equipment financing is a specialized loan product that allows businesses to acquire necessary equipment without paying the full purchase price upfront. The equipment itself serves as collateral for the loan, making it easier to qualify than traditional financing options. This type of financing is ideal for businesses that need machinery, vehicles, technology, or other equipment to operate and grow.
Unlike unsecured loans, equipment financing uses the equipment you're purchasing as collateral. This means the lender can repossess the equipment if you default on payments. Because the equipment has tangible value, lenders are often more willing to approve financing, and you may qualify for better rates and terms. Once you've paid off the loan, you own the equipment outright.
Equipment financing allows you to keep your cash flow intact for other business needs. Instead of tying up thousands of dollars in equipment purchases, you can spread the cost over manageable monthly payments. This preserves your working capital for inventory, payroll, marketing, and other operational expenses that keep your business running smoothly.
Equipment financing offers potential tax benefits. In many cases, you can deduct the interest paid on your equipment loan as a business expense. Additionally, Section 179 of the IRS tax code allows you to deduct the full purchase price of qualifying equipment in the year it was placed in service. Consult with your tax advisor to understand the specific benefits for your situation.
Everything you need to know about equipment financing
Keep your cash flow available for other business needs while spreading equipment costs over time.
Finance up to 100% of the equipment cost, including taxes, shipping, and installation fees.
Potentially deduct interest payments and take advantage of Section 179 depreciation benefits.
Get approved in as little as 24-48 hours with minimal documentation required.
Use the equipment you're purchasing as collateral, making approval easier to obtain.
Establish and strengthen your business credit history with on-time payments.
Equipment financing is ideal for businesses across many industries
Get the equipment you need in three simple steps
Complete our simple application with basic information about your business and the equipment you need.
Receive approval within 24-48 hours. We'll work with you to customize terms that fit your budget.
Get your equipment delivered while making manageable monthly payments for up to 7 years.
Almost any type of business equipment
Apply today and get funded within 24-48 hours.