Equipment Financing

Get the equipment your business needs without draining your cash reserves. Equipment financing lets you acquire machinery, vehicles, technology, and other essential tools with affordable monthly payments while preserving your working capital.

Up to $5M

Financing Amount

From 5.5%

Interest Rates

2–7 years

Terms

3–7 days

Funding Speed

Overview

What is equipment financing?

Equipment financing is a type of business loan specifically designed to help you purchase or lease equipment. The equipment itself typically serves as collateral, which often means easier qualification and better rates compared to unsecured financing.

Whether you need heavy machinery, commercial vehicles, restaurant equipment, medical devices, or IT infrastructure, equipment financing lets you spread the cost over time while using the equipment to generate revenue from day one.

Key Benefits

  • Equipment serves as its own collateral
  • Finance up to 100% of equipment cost
  • Fixed monthly payments for easy budgeting
  • Tax benefits through Section 179 deductions
Eligibility

Requirements

Meet these basic qualifications to get started. Don't meet every requirement? Our advisors can help find alternatives.

Minimum 1 year in business
Annual revenue of $150K+
Credit score of 600+
Equipment quote or invoice from vendor
Business financial statements
Process

How to apply

Quick Application

Fill out our simple inquiry form with your business details and funding needs in just 5 minutes.

Discovery Call

Speak with a funding specialist who will craft a personalized strategy based on your goals.

Get Matched

Your dedicated advisor matches you with the best lenders and products from our network.

Get Funded

Complete the process with expert guidance and receive the capital your business needs.

FAQ

Frequently asked questions

Yes, many lenders finance both new and used equipment. Used equipment financing may have slightly different terms, but it's a common and accessible option for businesses looking to save on costs.

Virtually any business equipment can be financed — construction machinery, commercial vehicles, restaurant equipment, medical devices, IT hardware, manufacturing equipment, office furniture, and more.

Many equipment financing options require no down payment, allowing you to finance 100% of the equipment cost. Some lenders may offer better rates with a down payment of 10-20%.

Equipment financing can offer significant tax benefits. Under Section 179, you may be able to deduct the full purchase price of qualifying equipment in the year it's purchased, reducing your tax liability.

Ready to get funded?

Take the first step toward the capital your business needs.

Start Your Application
Equipment Financing | Impruvu | Impruvu