05 — Asset-backed
Equipment Financing
Acquire the machinery, vehicles, or technology that generates revenue — without draining your reserves, with the asset itself as collateral.
What it is.
Equipment financing funds the purchase of a specific revenue-producing asset — a delivery truck, a CNC machine, medical imaging, kitchen line, or IT infrastructure. The equipment serves as its own collateral, which keeps rates low and approvals quick.
Because the lender's security is the asset, you can often finance up to 100% of the purchase price and preserve your cash and existing credit lines for other needs. Terms are matched to the useful life of the equipment, so the asset is paying for itself as you repay.
Best for.
This is the cleanest way to acquire a defined piece of equipment that will directly drive revenue or capacity.
- Buying vehicles, trailers, or fleet additions
- Purchasing manufacturing, kitchen, or shop machinery
- Acquiring medical, dental, or diagnostic equipment
- Upgrading technology and IT infrastructure at scale
How it works.
Pick your equipment
Get a quote from your vendor of choice — new or used, from any seller.
Apply with the quote
Submit the quote with your application. The asset details speed underwriting.
Get approved
Because the equipment secures the financing, approvals are fast — often 1–3 business days.
Acquire & operate
We pay the vendor, you take delivery, and the asset starts earning while you repay.
Rates & terms.
- Amount financed
- $10,000 – $1,000,000
- Term length
- 1 – 6 years
- Financing share
- Up to 100% of cost
- Rates from
- ~7% APR
- Collateral
- The equipment itself
- New or used
- Both eligible
Rates and limits are illustrative and depend on underwriting, time in business, revenue, and credit profile. This is not an offer or commitment to lend.
Eligibility.
- 6+ months in business under current ownership
- $15,000+ in average monthly revenue
- 500+ personal credit score
- A vendor quote for the equipment you intend to acquire
Why businesses choose it.
Up to 100% financed
Acquire the asset without a large down payment, preserving cash for operations.
Asset-secured rates
The equipment is the collateral, so rates run lower than comparable unsecured loans.
Potential tax benefits
Financed equipment may qualify for deductions — ask your accountant about Section 179.
Preserve credit lines
Keep your line of credit and reserves free for the unexpected.
Fast approval
Clear asset collateral means decisions in as little as one to three business days.
New or used
Finance from any reputable vendor, whether the equipment is new or pre-owned.
Equipment Financing FAQ.
Related funding.
Put the asset to work
Finance equipment in days.
Get a quote, apply, and have your vendor paid within a few business days.