Finance machinery, vehicles, and tools
The equipment itself secures the loan - lower rates and preserved working capital.
Equipment financing uses the asset as collateral, which unlocks lower rates and higher approvals than unsecured product. Terms typically match the useful life of the equipment (3-7 years).
Structures include loans (you own the asset), and equipment leases with $1-buyout or FMV endings depending on tax strategy.
Yes - most lenders finance used through 10 years old with proper appraisal.
Explore other financing options that pair well with Equipment Financing.