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Equipment financing

Equipment Financing

Equipment for virtually any industry.

Loan amount
Up to $250K
Term
1–5 years
Cost
As low as 8%
Repayment
Monthly

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Equipment financing

What it is, and how it repays

Equipment financing covers the cost of buying or leasing what your business runs on. Most owners hear the phrase and picture tractors and backhoes — construction equipment is certainly financeable, but so are refrigerators, vehicles, medical devices, ovens, servers and computers.

Exact qualifications vary by lender and by the equipment itself. If you do not meet all of them — a credit score under 650, say — solid cash flow can still make the case.

On the climb

Where on the climb it tends to fit

Equipment Financing most often opens up for businesses at these 3 stages, though lenders decide case by case.

  1. 2
    The first ridge · 1-2 yearsA full year of statements changes the conversation. Lenders can see a seasonal pattern instead of guessing at one, and more doors open.
  2. 3
    Open ground · 3-5 yearsThe business has been through a few seasons and come out the other side. A facility that sits ready, rather than one lump sum, becomes a realistic ask.
  3. 4
    High ground · 6-9 yearsA long record is the strongest thing an application can carry. It is usually the stretch where a sizeable term loan for a second site or a large contract makes sense.

All five stages of the climb →

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What it gives you

What lenders usually look for

  • 12+ months in business
  • 650+ credit score
  • $50,000+ annual revenue
  • Quick and easy application

The application

Start your application

About two minutes: the amount, your details, how long you have been trading and a rough monthly figure. Free to send, and nothing is agreed until you accept.

The application is the way in, and it takes about two minutes.

The six

All six routes, this one marked

Revenue-Based Funding

Quick and efficient access to capital.

Funding amount
$5K – $500K
Funding speed
24–48 hours

Working Capital

Funding your day-to-day operations.

Funding amount
Up to $1M
Cost
Starting at 4.5%

Equipment Financing

Equipment for virtually any industry.

Loan amount
Up to $250K
Cost
As low as 8%

Term Loan

The classic way to fund a bigger move.

Loan amount
$20K – $1M
Interest rate
As low as 6%