Equipment financing

Finance the equipment that moves your business forward

Get matched with equipment lenders in our network — competitive rates, terms aligned to the asset's useful life, and funding that goes straight to your vendor. No guesswork, no runaround.

What is equipment financing?

Equipment financing is a type of small-business loan in which the asset you're purchasing — a piece of machinery, a vehicle, a medical device — acts as collateral for the loan. Because the lender has a security interest in the equipment itself, approval requirements are often more accessible than for unsecured term loans, and businesses with shorter operating histories are frequently eligible.

Unlike a general-purpose line of credit, equipment financing is structured around the asset. Repayment terms are aligned to the equipment's expected useful life, monthly payments are predictable, and in most cases the equipment is yours outright at the end of the term. You keep your working capital for payroll, inventory, and opportunities that can't wait.

For businesses that rely on physical assets to generate revenue — construction firms, restaurants, medical practices, manufacturers, logistics operators — equipment financing is frequently the most cost-effective way to acquire or upgrade the tools that drive the business. Section 179 of the tax code also allows many businesses to deduct the full purchase price of qualifying financed equipment in the year it's placed into service, amplifying the financial benefit further.

How it works

From first click to funded vendor in four straightforward steps.

  1. Apply in minutes

    Complete our streamlined online application. No hard credit pull at this stage — we gather the basics to get you real options.

  2. Get matched

    We run your profile against the funding options our desk works with and surface the offers that fit your business, credit, and timeline.

  3. Review your terms

    Compare rate, term length, monthly payment, and any fees side-by-side. Ask questions — no pressure, no clock.

  4. Funds go to the vendor

    Once you select an offer and sign, we pay your equipment supplier directly. You take delivery and start putting the asset to work.

What you can finance

If your business runs on it, we can likely finance it. Our desk places deals across a wide range of asset classes and industries.

  • Industrial Machinery

    CNC machines, lathes, presses, conveyors, and any heavy manufacturing or production equipment.

  • Commercial Vehicles

    Box trucks, flatbeds, sprinters, trailers, and specialized fleet vehicles for your operation.

  • Restaurant & Food Service

    Commercial ovens, refrigeration units, dishwashers, POS systems, and full kitchen buildouts.

  • Medical & Dental

    Imaging equipment, exam chairs, sterilizers, diagnostic tools, and practice management systems.

  • Construction

    Excavators, skid steers, lifts, compactors, concrete equipment, and site infrastructure.

  • Technology & IT

    Servers, workstations, network infrastructure, point-of-sale systems, and software licenses.

Indicative rates & terms

Actual offers depend on your business profile, credit, and the specific asset. These ranges reflect typical transactions in our network.

Financing amount

Up to $1,000,000

per transaction; larger amounts considered case-by-case

Repayment terms

12 – 84 months

match the useful life of the asset, not arbitrary bank calendars

Time to funding

As little as 24 hours

after approval and signed documents; vendor receives funds directly

Down payment

Often $0 down

the equipment itself serves as collateral in most structures

Indicative only — not an offer of credit. All financing is subject to lender underwriting, verification of business information, and final credit approval. Rates, terms, and availability vary by lender, applicant creditworthiness, asset type, and transaction size. Equipment Capital is not a lender and does not guarantee the availability, terms, or approval of any financing offer.

Frequently asked questions

Do I need a down payment?

In most equipment financing structures the asset itself serves as collateral, so a down payment is not required. Lenders may request one for very new businesses or assets with rapid depreciation. We surface all options so you can compare.

Can I finance used equipment?

Yes. Most lenders in our network will consider used equipment, typically up to 10–15 years old depending on asset type. Age limits vary by category — medical and tech assets tend to have tighter windows than heavy machinery.

My business is under two years old — am I eligible?

Newer businesses are welcome. Equipment loans are collateral-backed, which means lenders weigh the asset value heavily alongside your credit profile. Many lenders in our network work with businesses as young as six months.

How does Section 179 apply to financed equipment?

Section 179 of the IRS tax code lets businesses deduct the full purchase price of qualifying equipment in the year it is placed in service — even if you financed it. The deduction applies to the full cost of the asset, not just the portion already paid. Consult your tax advisor to confirm eligibility.

How does equipment financing differ from an SBA loan?

SBA loans are government-backed term loans, typically with lower rates but longer approval timelines (weeks to months) and more documentation requirements. Equipment financing is collateral-specific, faster to fund (often days), and better suited when you need a single asset quickly. The two products are not mutually exclusive — some businesses use both.

How quickly can I actually get funded?

Straightforward deals with established businesses can close in 24–48 hours from approval. More complex transactions — high-value assets, newer businesses, or specialized industries — may take 3–5 business days. We set expectations upfront so there are no surprises.

Ready to finance your next piece of equipment?

Apply in minutes. Soft credit check only. See real offers from our lender network — no commitment required until you choose.