Financing solutions
Seven financing paths for equipment between $10K and $500K
Every path below runs through the same process: a specialist scopes the structure and documentation, then a person reviews the file. Direct lender since 1997; most decisions issued within 24 hours. Nothing on this page is an offer, a rate, or an approval.
- 01Read the details
New Equipment Financing
New equipment financing lets a business acquire a dealer- or manufacturer-supplied machine using a loan or lease instead of cash, with the equipment itself serving as the primary collateral.
- 02Read the details
Used Equipment Financing
Used equipment financing works much like new equipment financing, with two extra questions: how much useful life the asset has left, and how clearly the sale can be documented.
- 03Read the details
Private-Party Financing
Private-party equipment financing funds a purchase from a business or individual rather than a dealer.
- 04Read the details
Equipment Refinancing
Equipment refinancing replaces one or more existing equipment obligations with a new structure — often to consolidate several contracts, adjust term length, or reorganize payments around a season.
- 05Read the details
Sale-Leaseback
In a sale-leaseback, a business sells equipment it already owns to a finance company and leases the same asset back, keeping it in service while converting owned value into working capital.
- 06Read the details
Soft-Cost Financing
Soft costs are the non-hardware expenses required to put equipment into service: freight, rigging, installation, training, tooling, software, extended warranties, and sometimes sales tax.
- 07Read the details
Startup Equipment Financing
Startup equipment financing serves businesses with limited or no operating history — typically under two years.
Financing path 01
New Equipment Financing
A dealer or vendor purchase with a clear invoice is the most straightforward structure.
Who it serves
Business owners and finance managers buying new equipment directly from a dealer or manufacturer.
What to expect
A vendor quote or invoice and basic business identity information — no credit decision made in this tool.
This selector is educational routing only. It does not evaluate credit, approve requests, or quote rates or terms.
Loan vs. lease at a glance
| Equipment loan | Equipment lease | |
|---|---|---|
| Ownership | You own from day one | Depends on structure and end-of-term option |
| Collateral | Lien on the financed equipment | Lessor holds title during term |
| End of term | Lien released, nothing further | Purchase, renew, or return per contract |
| Soft costs | Often includable on the invoice | Often includable on the invoice |
| Best fit | Long-hold assets you plan to keep | Assets you may rotate or upgrade |
| Tax treatment | Discuss with your CPA | Discuss with your CPA |
General education only. Structure availability and tax treatment depend on review and your CPA's guidance.
Glossary
Terms you'll see in documents
- Advance payments
- One or more payments collected at signing. Common on startup or higher-verification files.
- Bill of sale
- Document transferring ownership of equipment from seller to buyer. Essential in private-party deals.
- Collateral
- The asset securing the financing. In equipment finance, the equipment itself is the primary collateral.
- Lien
- A recorded claim against an asset. Existing liens must be identified and cleared or paid at closing.
- Payoff statement
- A current figure from an existing holder showing what is required to release their lien.
- Personal guaranty
- An owner's personal promise to stand behind the business obligation. Common on smaller and newer files.
- Residual
- The assumed end-of-term value of an asset in certain lease structures.
- Soft costs
- Non-hardware expenses such as freight, installation, training, tooling, and warranties.
- Useful life
- The period an asset is expected to remain productive. Terms generally stay inside useful life.