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Business Capital Advisors

Equipment Financing

Finance or lease the equipment your business runs on.

Spread the cost of machinery, vehicles, and gear across its useful life, or unlock cash from equipment you already own with a sale-leaseback.

Is this the right product?

Structured around your business, not a one-size offer.

It fits when

  • Any purchase that costs $2,000+ and outlives the loan: trucks, machinery, kitchen equipment, medical devices, shop tools
  • Businesses that want to preserve working capital instead of paying cash
  • Owners with existing paid-off equipment who need cash (sale-leaseback)

Look elsewhere when

  • General working capital; the funds are tied to the specific asset
  • Assets that wear out faster than the term (you'd be paying for dead equipment)

How to qualify

  • The equipment itself is the collateral, so qualification is easier than unsecured products
  • Typically 1+ year in business; startups possible with stronger credit or a down payment
  • Owner credit around 600+; lower profiles priced accordingly

What you'll need

  • Vendor quote or invoice for the equipment
  • 3 months of business bank statements
  • Driver's license; larger tickets add tax returns

Cost and timeline

Illustrative example: a $40K service truck financed over 60 months at 11% APR is about $870 per month, roughly $52,200 repaid in total. Section 179 may let you deduct the full purchase price in year one; confirm with your accountant.

With a vendor quote in hand, approval typically runs 1 to 3 business days and funding 2 to 5. The lender usually pays the vendor directly.

Figures on this page are illustrative estimates only and are not an offer of financing. All amounts, rates, factor rates, terms, payment amounts, timelines, and qualification criteria vary by lender, depend on funder underwriting and your business's bank statement history, and are subject to change without notice. Nothing here is guaranteed until a funder issues terms and you sign them. Factor rates do not represent APR. Commera is a broker, not a lender, and does not set rates.

Go deeper: Equipment Financing Guide →

Common questions

Equipment Financing, answered straight.

Do I need a down payment to finance equipment?

Often 0-20% depending on credit, the equipment type, and its age. Strong files regularly finance 100% of the vendor quote, and the lender usually pays the vendor directly.

Can I finance used equipment?

Yes. Most lenders finance used equipment with age caps, commonly 10-15 years at loan maturity depending on the asset class. Titled vehicles, yellow iron, and shop machinery all have active used-equipment financing markets.

What credit score does equipment financing require?

Because the equipment itself is the collateral, approvals reach lower than unsecured products, owners in the low-to-mid 600s get approved regularly, with pricing that improves as the score climbs.

Does equipment financing have tax benefits?

Financed equipment may qualify for a Section 179 deduction or bonus depreciation in the year it is placed in service, even though you are paying over time. Confirm with your accountant, the deduction depends on your tax position.

How it works

From hello to funded.

  1. 01

    Tell us what you need

    Two minutes, how much, what for, and your monthly revenue. No hard credit pull.

  2. 02

    We structure your options

    Your advisor matches your file to the right product and 3-5 vetted funders, not 50.

  3. 03

    Compare real terms

    See factor rate or APR, payment, and total cost, all disclosed before you sign anything.

  4. 04

    Get funded

    Accept, upload a few documents, and funds can land in as little as 24-48 hours.

Other ways we structure capital

Let's structure your equipment financing.

Two minutes to apply. First offers in 24 hours, with every term disclosed before you sign.

Get my funding optionsCall (307) 667-1250