Equipment FinanceAcademy
Comprehensive Resource Center

Equipment Financing Guide

Everything you need to know about financing business equipment. From rates and terms to tax benefits and approval tips - we cover it all.

6.99%
Rates Starting At
4 Hours
Fast Approvals
$5M
Max Financing
84 Mo
Term Length

Getting Started

New to equipment financing? Start here.

Step-by-step breakdown of the equipment financing process.
Complete overview of your financing options.
Which option is right for your business?

Rates & Terms

Understand what you'll pay.

Current rates and what affects your rate.
Strategies to secure the best financing terms.
Understanding loan terms, APR, and fees.

Tax Benefits

Maximize your tax advantages.

Deduct the full purchase price of equipment.
All the tax advantages of equipment financing.
Additional depreciation benefits for businesses.

Credit & Approval

Get approved for financing.

Options for challenged credit profiles.
Financing for new businesses.
What you need to get approved.

Frequently Asked Questions

What is equipment financing?

Equipment financing is a type of business loan that allows you to purchase or lease equipment for your business. Instead of paying the full price upfront, you make monthly payments over a set term, typically 12-84 months, while using the equipment to generate revenue.

How much can I finance?

Equipment financing amounts typically range from $5,000 to $5 million or more. Our Quick Lease program offers financing from $30,000 to $5 million for both new and used equipment from dealers or private parties.

What are current equipment financing rates?

Equipment financing rates in 2026 range from 6.99% APR for excellent credit (700+) to 18.99% for challenged credit. Your actual rate depends on credit score, time in business, equipment type, and loan amount.

How long does approval take?

With our Quick Lease program, approvals can happen in as fast as 4 hours for qualified applicants. Application-only financing up to $350,000 typically receives same-day decisions.

Do I need a down payment?

Not always. We offer 0% down payment options for qualified borrowers. Some transactions may require 10-20% down depending on credit profile and equipment type.

Can I finance used equipment?

Yes! We finance both new and used equipment from dealers, auctions, and private party sellers. Used equipment financing can help you acquire quality equipment at a lower cost.

Ready to Finance Your Equipment?

Get approved in as fast as 4 hours with our Quick Lease program. $30K-$5M financing with rates starting at 6.99%.

No Impact on Credit to ApplySame-Day Decisions AvailableNew & Used Equipment
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