Equipment Financing Solutions for Business Growth
Get flexible equipment financing to purchase or upgrade essential business equipment. Preserve cash flow with tailored terms designed for growing businesses.
Equipment Financing Solutions
Loan Overview
What Is Equipment Financing?
Equipment financing provides a streamlined way to acquire business assets without paying the full cost upfront.
Instead of tying up capital, you finance your equipment purchase with flexible terms that align with the useful life of the asset.
This funding option helps businesses upgrade or expand operations while preserving cash flow for daily needs.
Key Benefits
Keep cash on hand for operations while financing equipment costs.
Loan or lease options tailored to your business needs and equipment type.
Streamlined underwriting that considers the equipment’s value.
The equipment itself often serves as collateral, reducing lender risk.
Key Qualifications & Eligibility
These requirements help determine eligibility and streamline the application process.
Key Qualifications & Eligibility
Business Bank Statements
Last 4–6 months of business bank statements showing consistent activity.
Business Tax Return
Most recent business tax return (may not be required for smaller financing amounts).
Financial Statements
Year-to-date Profit & Loss statement and Balance Sheet.
Personal Credit Score
Minimum 650+ personal FICO score typically required.
Bankruptcy & Tax Compliance
No open or active bankruptcies and no major unresolved tax liens, or proof of an approved repayment plan if applicable.
Required Documentation
- Completed equipment financing application
- Equipment quote or invoice details
- Recent business bank statements (3–6 months)
- Financial statements or tax returns
- Ownership and legal entity verification
- Additional documents as requested by lender