Up to $250,000 · Repaid monthly over 1–5 years
Equipment Loans
Buy or lease the thing the work runs on, and pay for it across the years it earns.
- Funding amount
- Up to $250,000
- Term
- 1–5 years
- Rate
- From 8%
- Repayment
- Monthly
What makes it different
Secured on the equipment itself, which is why it approves where others do not.
Equipment financing pays for what the business runs on and takes the equipment as security. Most owners picture diggers and tractors; ovens, chairs, vans, scanners, servers, refrigeration and tills are all financeable on the same basis.
Because the equipment secures it, this is the one product here that approves on a thinner credit file than the rest — and the one where something can be repossessed if it is not paid. The term is matched to the working life of the thing bought, so the payments land while it is still earning.
What it gives you
Why a business takes this one
- Secured on the equipment bought
- Approves on a thinner credit file
- Term matched to the equipment's working life
- New or used, bought or leased
The application
Send one application
Six steps and a few minutes. No fee, no obligation, and no hard credit check to see what you qualify for.
Rather talk to somebody first? (877) 206-6060.
Start here
What is the money for?
Three answers cover almost everyone. Follow yours down to the one or two products worth reading about, and skip the other four.
A gap to cover
Money is going out before it comes in — payroll, rent, stock, a slow month, an invoice that has not been paid yet.
Something specific to buy
There is a price on it already: a machine, a vehicle, a fit-out, a second site, a large order of stock.
Room to move, before you need it
Nothing is wrong today. You want a limit sitting there for the month something goes wrong, or goes right, without reapplying.