Preserve Cash Flow
Instead of writing a large check today, spread the cost over time. This keeps more cash available for payroll, marketing, and day-to-day operations.
Equipment Financing
What Is Equipment Financing?
Equipment financing lets you acquire the machinery, vehicles, technology, or other hard assets your business needs without paying the full cost upfront. Instead, you make predictable payments over a set term, and the equipment itself often serves as collateral.
Typical Equipment We See Funded
- Commercial trucks and trailers for logistics and delivery fleets.
- Construction equipment such as excavators, loaders, dozers, and cranes.
- Manufacturing machinery, CNC machines, printers, and other production equipment.
- Restaurant equipment including ovens, refrigeration, and POS systems.
- Medical and dental equipment, imaging machines, and lab equipment.
- Technology: servers, computers, phone systems, and specialized software/hardware bundles.
Key Benefits
Own or Control the Asset
Many structures let you own the equipment at the end of the term, or upgrade into newer models when the term is over.
Match Payments to Revenue
Tailor terms so the equipment generates revenue while you pay for it, keeping your cash flow more predictable.
Potential Tax Advantages
Depending on structure and your tax situation, you may be able to deduct some or all payments. Always confirm with your tax professional.
Who Equipment Financing Is Best For
Equipment financing is typically a good fit if:
- Your business relies on heavy equipment or vehicles to generate revenue.
- You want to conserve cash for other priorities instead of paying 100% upfront.
- You prefer predictable monthly payments over variable costs.
- You’re upgrading outdated equipment to improve efficiency or production capacity.
Example Scenarios
Scenario 1 – Trucking Company
A regional trucking company needs three additional tractors to service new routes. Buying them outright would strain cash reserves, so they finance 90–100% of the purchase price over a term that matches the expected life of the trucks. The additional routes generate revenue that more than covers the payment.
Scenario 2 – Manufacturer Adding a CNC Machine
A growing manufacturing shop wants to add a CNC machine to increase capacity and take on bigger contracts. Equipment financing allows them to install the machine quickly and pay for it over several years while the new contracts are fulfilled.
Scenario 3 – Restaurant Remodel
A restaurant upgrades its kitchen line and refrigeration equipment to support a new menu and delivery program. Financing spreads the cost out, making the project feasible without draining working capital.
Basic Qualification Guidelines
Every lender is different, but many equipment financing programs look at:
- Time in business (many prefer 6–12+ months, some options for startups).
- Average monthly revenue and current cash flow.
- Equipment type, age, and condition (new vs. used).
- Credit profile of the owners and/or the business.
- Whether the equipment has strong resale value.
What You May Need to Provide
- Equipment quote or invoice from the dealer or seller.
- Basic business information and ownership details.
- Recent business bank statements.
- Tax returns or financial statements for larger requests.
- Voided check and copy of ID for final funding.
How Fast Finance Helps
Instead of calling multiple lenders on your own, Fast Finance gathers your information once and uses it to match you with equipment financing partners that fit your profile. You’ll see:
- Estimated payment ranges based on amount, term, and credit.
- Different structures (finance agreement, lease-to-own, etc.).
- Details on upfront costs, documentation, and timing.
Ready to explore options? Check my equipment financing options