Finance the equipment, machinery, or vehicles your business needs — the equipment itself serves as collateral.
Equipment financing is a specialized loan product designed to help businesses acquire the physical assets they need to operate and grow — without draining working capital. Whether you're a contractor who needs a new excavator, a restaurant owner upgrading kitchen equipment, or an HVAC company adding service vehicles, equipment financing allows you to get the tools you need now and pay for them over time.
We finance a wide range of business equipment: construction machinery, commercial vehicles, restaurant kitchen equipment, medical devices, technology hardware, and more. The financed equipment is typically covered by a first-position security interest, and repayment terms are structured around the expected useful life of the equipment.
Credit limits range from $10,000 to $500,000 depending on your business revenue, time in operation, and overall financial profile. We determine your limit based on your business's ability to service the debt.
After initial approval (typically 24–48 hours), funds can be transferred to your business account within 24 hours of your draw request. Subsequent draws are even faster.
No annual fee. You only pay interest on the amount you've drawn from your credit line. The unused portion costs you nothing.
Yes. There are no prepayment penalties. Paying down your balance early reduces the interest you pay and frees up your available credit for future needs.
That's the beauty of a line of credit — you pay nothing on the unused portion. It sits as available capital until you need it. Your unused credit is never charged.