Equipment Financing
Equipment financing is structured around acquiring, upgrading or replacing equipment used in the business. The equipment itself is commonly part of the structure of the transaction.
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.
Who this structure may be appropriate for
- Businesses purchasing new or replacement equipment
- Businesses adding capacity that depends on machinery or vehicles
- Businesses replacing aging assets
How businesses commonly use it
- Machinery and tools
- Commercial vehicles
- Kitchen or medical equipment
- Technology and hardware
Factors typically reviewed
No single factor determines an outcome, and specific thresholds are set during underwriting.
- Time in business
- Business revenue and deposit history
- Industry and business type
- Credit profile of the business and owner(s)
- Existing business obligations
Information usually requested
- Basic business details (legal name, entity type, state, industry)
- Owner contact information
- The funding amount and intended use
- PLACEHOLDER: the specific document checklist will be published once confirmed
- Details of the equipment being financed, including a quote or invoice where available
From application to closing
- 01
Apply
Tell us about your business and funding needs through a short application.
- 02
Get Reviewed
Your information is reviewed to determine what financing options may be available.
- 03
Explore Your Options
If eligible, review available options, costs, repayment structure and terms.
- 04
Move Forward
Complete the required documentation and closing process for the option you select.
Explore Equipment Financing for your business
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.