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Equipment financing
Financing to buy or lease equipment, where the equipment itself usually secures the deal.
How it works
Equipment financing covers vehicles, machinery, technology and other equipment your business needs. Because the equipment usually serves as collateral, it can be easier to qualify for than unsecured financing.
Typical useVehicles, machinery, kitchen, medical or tech equipment
StructureLoan or lease, secured by the equipment
What providers look atThe equipment, your revenue and credit history
Worth knowing
- The equipment typically secures the financing
- Spreads the cost over the equipment’s useful life
- Leases and loans differ at the end of the term; ask which you’re getting
Amounts, costs and terms are set by each funding provider and depend on your business. We’ll show you the full cost of any offer before you decide.
Apply for equipment financing