Financing solution
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. For transactions between $10K and $500K, documentation is usually light and the invoice or quote drives the structure. AILCO is a direct lender since 1997, every file is reviewed by a person, and most decisions are issued within 24 hours.
Short answer
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. For transactions between $10K and $500K, documentation is usually light and the invoice or quote drives the structure. AILCO is a direct lender since 1997, every file is reviewed by a person, and most decisions are issued within 24 hours.
Who this may serve
- Buying from a franchised dealer, manufacturer, or authorized vendor
- Equipment with a clear invoice, serial number, and delivery date
- Businesses that want to preserve working capital and bank lines
- Projects where a manufacturer warranty matters to the structure
How it works
- 1
Step 1
Share the scenario
Share the scenario: equipment type, amount, vendor, timing, and years in business.
- 2
Step 2
A specialist confirms the structure option
A specialist confirms the structure options (loan or lease) and what documentation the file needs.
- 3
Step 3
You complete a secure application through
You complete a secure application through the official application channel — never through chat.
- 4
Step 4
A human reviewer works the file; most deci
A human reviewer works the file; most decisions are issued within 24 hours.
- 5
Step 5
On approval, documents are issued, then th
On approval, documents are issued, then the vendor is paid directly and delivery is confirmed.
Documentation typically requested
- Vendor quote or invoice
- Basic business information (legal name, entity type, EIN)
- Owner contact details for the authorized signer
- Bank statements or financials may be requested on larger or more complex files
Sensitive items such as Social Security numbers, dates of birth, and bank details are collected only in the official secure application — never in chat, email, or a web form comment field.
Things to weigh
Loan vs. lease
A loan builds ownership from day one. A lease can shift residual and end-of-term risk. The right answer depends on how long you plan to keep the asset and how your CPA treats it.
Soft costs
Freight, installation, training, and tooling can often be included in the structure. Flag them early so the file is built once.
Delivery timing
Long lead times may change how funding is staged. Tell your specialist the expected delivery window.
A machine shop wants a $180K CNC mill from a regional dealer, with installation and training on the same invoice. The specialist scopes a loan structure that folds in soft costs, and the file moves to review once the vendor quote and business details are in.
This scenario is a hypothetical illustration to explain how the process typically runs. It is not an approval, a quote, or a guarantee of any outcome.
Related questions
Related industries
- Construction & Site WorkExcavators, skid steers, attachments, compaction, and support trucks.
- Transportation & TruckingDay cabs, sleepers, trailers, and vocational bodies for owner-operators and small fleets.
- Manufacturing & FabricationCNC, press brakes, lasers, welders, and material handling.
Related solutions
Check your scenario
Share non-sensitive details and a specialist will outline structure options and the documentation your file needs.
Editorial provenance
- Human reviewer
- Reviewed by: AILCO Credit & Compliance (placeholder reviewer)
- Last reviewed
- 2026-07-28
Citations & sources
- IRS Publication 946 — How to Depreciate PropertyGeneral reference for equipment depreciation concepts. Confirm with your CPA.
- U.S. Small Business Administration — Financing basicsGeneral small-business financing education.