Finance the Equipment Your Business Needs — Without Draining Your Cash Flow
Equipment financing lets you acquire machinery, vehicles, technology, and tools while preserving working capital. The equipment itself serves as collateral, making approval easier even with imperfect credit.
BusinessLoan.Directory is a Strategic Funding Partner of ROK Financial.
How Equipment Financing Works
Equipment financing is a loan or lease used to purchase business-related equipment. Unlike unsecured loans, the equipment you purchase acts as collateral for the loan, which means lenders take on less risk and can offer more competitive rates and easier qualification requirements.
What You Can Finance
- Heavy machinery — Construction, manufacturing, and industrial equipment
- Vehicles — Commercial trucks, fleet vehicles, and specialty vehicles
- Technology — Computers, servers, POS systems, and software
- Medical equipment — Diagnostic tools, imaging systems, and dental chairs
- Restaurant equipment — Ovens, refrigeration, and food prep stations
Benefits of Equipment Financing
- Preserve cash flow — Spread payments over time instead of paying upfront
- Tax advantages — Potential Section 179 deductions on qualifying equipment
- Easier approval — Equipment serves as built-in collateral
- Up to 100% financing — Some lenders cover the full equipment cost
- Fixed rates available — Predictable monthly payments for budgeting
How to Apply
- Complete a simple pre-qualification form
- Provide details about the equipment you need
- Receive competitive offers from multiple lenders
- Choose the best financing option for your business
- Get approved and acquire your equipment
Frequently Asked Questions: Equipment Financing
Can I finance equipment if my bank denied me?
Yes. Equipment financing uses the equipment itself as collateral, which means lenders take on less risk. This makes approval significantly easier than unsecured loans, even for businesses that have been declined by traditional banks. Most of our lending partners look at your revenue and the value of the equipment — not just your credit score.
What types of equipment can I finance?
Almost any business-use equipment can be financed through our network, including commercial vehicles and trucks, restaurant and kitchen equipment, construction and heavy machinery, medical and dental equipment, technology and computer systems, manufacturing equipment, and agricultural machinery.
How much can I borrow for equipment financing?
Our lending network offers equipment financing from $50,000 to $5 million. The loan amount typically covers up to 100% of the equipment value, depending on the lender and your business profile.
What credit score do I need for equipment financing?
Because the equipment serves as collateral, lenders often approve borrowers with credit scores as low as 550 to 600. Revenue, time in business, and the value of the equipment typically matter more than your credit score.
How fast can equipment financing be approved?
Many equipment financing approvals happen within 24 to 48 hours. Once approved, funds are typically disbursed directly to the equipment vendor within 1 to 3 business days.