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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Specialty Financing / Equipment Financing

Equipment financing for machinery, vehicles, tech, and growth assets

Equipment financing can help businesses acquire revenue-producing assets while preserving cash flow. Compare loan, lease, and asset-backed options before you buy.
● Asset-backed funding    ● Machinery, vehicles, tech & tools    ● Compare lease vs loan options
Quick fit

Equipment financing may fit when the asset helps generate revenue

The equipment itself may support the financing structure, but lenders still review business health, owner profile, asset type, and repayment ability.
Equipment types

What can equipment financing cover?

Machinery

Manufacturing, production, packaging, construction, and industrial equipment.

Vehicles

Commercial trucks, vans, trailers, fleet vehicles, and specialty vehicles.

Technology

Servers, computers, POS systems, software-enabled hardware, and IT infrastructure.

Tools & fixtures

Revenue-producing tools, medical equipment, restaurant equipment, and office fixtures.
How it works

The asset matters more than with a general loan

Equipment financing is often tied to a specific purchase. The lender may evaluate the asset type, invoice or quote, useful life, resale value, down payment, business cash flow, and owner profile.
Because the equipment can sometimes serve as collateral, this product may be a better fit than using broad working capital for a fixed asset.
Purchase quote
Lenders often need an invoice, quote, or equipment description.
Asset useful life
Terms should align with how long the equipment will be productive.
Down payment
Some programs require money down, depending on credit and asset risk.
Cash-flow fit
Payments should make sense against expected revenue or cost savings.
AI-verified lenders

Featured equipment financing partners

Featured placement may influence order.
Featured partner

Equipment Partner A

✓ AI-verified lender
Range: $10K–$1M
Best for: Machinery and vehicles
Speed: 2–5 days

Equipment Partner B

✓ AI-verified lender
Range: $5K–$500K
Best for: Small equipment
Speed: 24–72 hours

Lease Partner C

✓ AI-verified lender
Range: $25K–$2M
Best for: Lease structures
Speed: 3–7 days
Compare structures

Equipment loan vs. lease vs. general business loan

Equipment loan

Often used when the business wants to own the asset and repay over a fixed term.

Equipment lease

May fit businesses that want lower upfront costs, upgrade flexibility, or different end-of-term options.

General business loan

May fit when equipment is only one part of a broader funding need, but the asset-specific structure may be less precise.
Equipment financing FAQ

Questions to answer before financing equipment

Can startups get equipment financing?

Some newer businesses may qualify, especially when the equipment has collateral value, but owner credit and down payment may matter more.

Is leasing better than buying?

It depends on cash flow, tax strategy, asset life, upgrade needs, and whether long-term ownership matters.

Does equipment secure the loan?

Often, yes. The asset may serve as collateral, but lenders still evaluate repayment ability and business profile.