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LenderMatch

Loan Programs

Equipment Financing

Finance the machinery, vehicles, and technology your business runs on. The equipment itself serves as collateral — making approval faster and terms more favorable.

$10K–$2M

Typical Range

Up to 100%

Financing

Up to 7 yrs

Term

1–2 wks

Funding

SBA Preferred NetworkMatched in 24hNo credit check to qualify

Who Qualifies

  • Minimum 1 year in business (some lenders accept startups with strong credit)
  • Personal credit score of 620+ (650+ for better terms)
  • Equipment must have identifiable resale value
  • New or used equipment from approved dealers
  • Annual revenue sufficient to cover debt service

Common Uses

Manufacturing equipmentConstruction machineryCommercial vehiclesRestaurant equipmentMedical equipmentTechnology hardwareAgricultural equipment

How LenderMatch Helps

Equipment lenders evaluate the asset type, manufacturer, and depreciation profile alongside your business credit. LenderMatch matches you with lenders who specialize in your equipment category — so your application goes to institutions that understand the collateral and already have active portfolios in your industry.

Frequently Asked Questions

Does equipment financing cover the full purchase price?

Many lenders finance 100% of the equipment cost, including soft costs like installation and training. Some require a 10–20% down payment for older equipment with faster depreciation.

What is the difference between equipment financing and equipment leasing?

Financing gives you ownership at the end of the term. Leasing lets you use equipment for a set period and return, upgrade, or buy it at the end. LenderMatch can connect you with lenders offering both structures.

Can I finance used equipment?

Yes, most lenders finance used equipment. Age, condition, and remaining useful life affect terms. Equipment older than 10–15 years may have fewer lender options.

How quickly can I get funded?

Equipment loans can close in as little as 1–2 weeks for standard requests. Larger or specialty equipment may require an appraisal, adding a few days to the process.

Is a personal guarantee required?

Yes — most lenders require a personal guarantee from owners with 20%+ ownership, even with strong business financials. The equipment also serves as collateral.

Check Your Eligibility

Free 2-minute qualifier. No credit check.

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