Financing · Equipment · $250K – $100M+
Finance the purchase. Hold the title.
An equipment loan spreads the cost of a machine over its working life. You own the equipment from day one; the lender holds a security interest until the balance is paid.
- Calculators show numbers on-page — no email required
- Eligibility check is directional only — no contact details collected
Overview
How equipment financing works
Equipment financing is a loan or finance agreement secured by the equipment itself. You pick the machine, borrow against it, and repay on a fixed monthly schedule — commonly three to seven years, matched to the asset's working life. Title sits with you. The lender files a UCC-1 against the specific equipment and releases it when the balance reaches zero.
The structure fits hard assets that earn their keep: excavators, dozers, semi tractors and reefer trailers, CNC machining centers, press brakes, imaging equipment. New and used both qualify. Pricing varies with credit profile, equipment age, and term — the term sheet puts the actual rate, payment, and fees in writing before you commit to anything.
The tools on this site are built to put numbers first. Price a payment with the calculator, run the directional eligibility check, and apply when the structure makes sense. No contact details are required to see the math.
Process
Step by step
Scope the purchase
Pin down the equipment and the number: make, model, year, hours, and the dealer quote or auction listing. Freight, installation, and tax can often ride along in the amount financed.
Submit the request
Share the equipment, the amount, and your timeline. Larger deals add financial statements to the file.
Review the term sheet
Rate, term, payment, and fees arrive in writing. Read it, question it, and commit only when the numbers hold up — nothing moves until you accept.
Close and fund
Sign the documents, the lender files a UCC-1 on the equipment, and the vendor is paid. The machine goes to work; the payments run on schedule.
Good fit
When it makes sense
- You plan to run the equipment well past the final payment.
- Ownership matters to you — resale value, fleet standardization, or the depreciation treatment on your books.
- The asset holds value: earthmoving iron, machine tools, trucks and trailers with a real resale market.
- You want a fixed payment you can carry into a bid model or a rate-per-hour calculation.
- You would rather pay a balance down to zero than manage end-of-term options.
Eyes open
Worth weighing
- Payments usually run higher than a lease on the same machine, because the balance amortizes to zero.
- A down payment may be required — more often on older equipment and younger companies. Some deals fund the full cost; the term sheet settles it.
- The equipment is collateral. Default and the lender can repossess it. Some lenders also file blanket liens — read the filing language before signing.
- You carry the residual risk. If the market for the machine falls faster than the balance, that gap is yours.
- Personal guarantees are standard for closely held companies. Expect to sign one.
Questions
Asked and answered
Run the numbers. Then decide.
The calculators and the eligibility check show results on the page — no email required, no contact details collected. When the structure makes sense, the application asks for the equipment, the amount, and your timeline. Terms arrive in writing before anything is owed.