Equipment Financing for small business.
Equipment financing covers the purchase of trucks, machinery, kitchen equipment, computers, or any tangible business asset. The equipment serves as collateral, which keeps pricing competitive.
How equipment financing works
You provide an invoice or quote from a vendor. Underwriters review the equipment value, your business financials, and the principal's credit. If approved, the lender pays the vendor directly and you receive the equipment.
How this product is structured
Your offer document includes the full cost in dollars, the rate, the total payback, and the payment schedule, all in writing, before you sign.
To apply
- At least 12 months in business (startups considered with strong credit)
- Vendor invoice or quote
- Principal FICO 620+
- Business and personal tax returns for larger files
Who equipment financing fits
Equipment financing fits any operator buying a tangible business asset that holds value — trucks, kitchen equipment, machinery, medical devices, tech buildouts. Because the equipment secures the loan, rates are typically lower than unsecured funding.