New or used, any category
Trucks and trailers, CNC and packaging lines, ovens and walk-ins, dental and imaging, IT hardware. If it has an invoice, it can usually be financed.
Put the equipment to work
before it's paid for.
Finance up to 100% of the purchase price on new or used equipment from $5K to $5M, with terms from 12 to 84 months.1 The equipment is the collateral, so approvals lean on the asset, not just your credit.2 Apply with no impact to your credit score.3
4.8Excellent · Based on 12,480 reviews
FundLine Capital is a commercial loan broker, not a lender. Offers are made by the lenders we work with.
How much do you need?Estimate only. Your rate, term and payment are set by the lender whose offer you accept.
Est. monthly payment$2,490
Illustrative terms8.99% APR · 60 mo
100%of the purchase price financed on most approvals
Many lenders will fund the invoice in full, including delivery and installation, so the cash you have stays in the business.
The asset carries
the loan.
Equipment financing is secured by what you buy, which changes the math on approval, rate and speed.
Terms matched to useful life
12 to 84 months so the payment ends before the equipment does. Seasonal and deferred first-payment options with some lenders.
Lender pays the vendor
Once you accept, the lender pays your dealer or supplier directly. You take delivery and start the schedule; no cash out of your account.
Finance or lease?
Own it at the end, or hand it back. A loan builds equity in the machine and lets you write off depreciation. A lease keeps payments lower and swaps in newer gear at the end. Your specialist prices both so you can compare.
How equipment financing comes together
Northgate Freight LLC
$120,000 of 2024 sleeper tractor · 60 monthsFinanced amount
$104,310Remaining balance
Make a payment
Fixed APR8.99%
Monthly payment$2,490
Down payment$0
Payments made8 of 60
- 1
Apply with the quote
Upload the vendor quote or invoice with the 15-minute application. For amounts under $250K that's often all the lender needs.
- 2
Compare offers
Your funding specialist shops it to lenders who know your equipment category and lays out rate, term, down payment and end-of-term options.
- 3
Lender pays, you take delivery
E-sign and the lender wires the vendor, often within 48 hours. Your first payment is usually 30 days after delivery.
Specialists who know
your equipment.
A tractor, a mill and an MRI are financed by different lenders on different terms. Your specialist routes the file to the ones who fund your category every week and negotiates like it.
Book a callReal people, any day of the week
What owners say about equipment financing
Excellent
4.8
Based on 12,480 reviewsFundLine owner reviewsEquipment financing questions, answered
Almost anything with a commercial purpose and an invoice: commercial vehicles and trailers, construction and agricultural machinery, manufacturing and packaging lines, restaurant equipment, medical and dental equipment, IT hardware and software bundles. New and used both qualify with most lenders.
From $5,000 to $5,000,000 per transaction. Most lenders fund up to 100% of the invoice, and many include delivery, installation and training in the financed amount. Larger or specialized assets may require 10% to 20% down.
Terms run from 12 to 84 months and are usually matched to the useful life of the equipment. Fixed APRs in our network start around 6.99% for strong credit on new equipment and run higher for used equipment or younger businesses.
Transactions under $250K with a clean vendor quote often fund within 48 hours of acceptance. Larger or multi-asset deals take three to ten business days while the lender verifies the vendor and the equipment.
Equipment lenders lean on the asset, so requirements are lighter than for unsecured loans: typically six months or more in business, a personal credit score of 600 or higher and enough revenue to cover the payment. Startups can qualify with a larger down payment.
No. Submitting an application to FundLine does not affect your personal credit score. The lender may run a hard inquiry once you accept an offer, which they disclose in advance.
Often not. Most approvals for standard equipment finance 100% of the cost. Used equipment, specialized assets or newer businesses may require 10% to 20% down. Your offers state the down payment clearly.
Yes. Many lenders we work with finance used trucks, machinery and medical equipment up to about ten years old, sometimes older for heavy equipment. Expect a slightly shorter term and a somewhat higher rate than for new.
With a loan you own the equipment from day one and it comes off the schedule when paid. With a lease the lender owns it, payments are often lower, and at the end you buy it for a set amount, return it or upgrade. Your specialist can price both.
No. FundLine Capital is a commercial loan broker. We shop your application to the equipment lenders we work with that fit your asset and industry; the lender you choose funds the purchase and holds the lien.
Need cash for parts, fuel and crews too?
Pair the equipment loan with a line of credit for the working capital the new machine will need.
Financing a major plant expansion?
SBA 504 loans cover heavy equipment and buildings together with fixed rates and terms up to 25 years.
Before you buy the equipment
Short reads on financing assets well.
Guide
Business financing, explained
Where equipment loans fit next to term loans and lines of credit.
Read moreBlog
Which lenders fund businesses under two years old
Equipment financing is often the first yes for a young company.
Read moreTool
Payment calculator
See the monthly payment for any equipment cost, rate and term.
Read moreGot the quote?
Let's get it funded.
15-minute application. No impact to your credit score. Many purchases funded within 48 hours.
- 1¹ Financed amounts, terms and rates vary by lender and depend on the equipment type, age and condition as well as your business's revenue, time in business and credit profile.
- 2² The financed equipment serves as collateral. Some lenders also require a personal guarantee, disclosed before you accept an offer.
- 3³ Submitting an application to FundLine Capital does not affect your personal credit score. Accepting an offer may involve a hard credit inquiry by the lender.