Business funding · Equipment Financing
The equipment secures the deal, so the credit bar drops.
Because the machine itself is collateral, lenders take more credit risk than they would on unsecured paper. That is why the score requirement sits at 580 while the amount reaches $5M.
Funding partners in our network
- Loanable
- PFG
- NLC / Loan Funder
- Funding Vault
- 7 Figures
- Lexington
- AdvisorHub
We introduce applicants to these partners. They make every credit decision. See the full directory.
Lender guidelines
What partners publish for this product
- Amount
- $20,000 to $5,000,000
- Term
- 1 to 5 years
- Typical credit
- 580
- Time in business
- 1 year
- Revenue
- $30,000 per month
- Typical speed
- 1 to 2 days
- Collateral
- Backed by the asset or property being financed.
These are partner lender guidelines, not offers. Approvals, amounts, rates, and terms are determined solely by the funding partner and are not guaranteed. Results vary and depend on credit, income, and lender approval. Not typical results.
Equipment Financing
One partner offers this product
Loanable is the only partner in our network with this desk, so this product links straight through.
- No credit pull to see your matches
- No fee charged to applicants
- You choose the partner, not us
Questions first? Call (209) 541-4065, Mon to Fri, 8:00am to 6:00pm ET.
Why this product
What it does well
Lower credit requirement
The collateral offsets credit risk, opening the product at 580.
Cash stays in the business
The cost spreads across the asset's working life instead of hitting the operating account.
New and used equipment
Eligible new, used, and private-party purchases can be financed.
Fit
Best for
- Contractors and construction operators
- Fleet and logistics businesses
- Manufacturing and processing equipment purchases
Uses
Common use cases
- Adding trucks or trailers to a fleet
- Replacing aging production machinery
- Financing a titled asset without touching working capital
Partners
Who funds this product
This product links straight through, because only one partner in the network offers it.
Loanable
Loanable (Nextgen Capital Solutions)
One application, 100+ lenders, funding as fast as 24 hours.
Full marketplace covering both business and real estate products.
Opens Loanable's own application. They underwrite the file and set every term.
FAQ
Questions about this product
Read this first
- We are not a direct lender or bank. We assist with applications, consulting, and credit strategies.
- Approvals are not guaranteed and are subject to bank or issuer decision.
Submitting your funding request will not impact your personal credit score. If you choose to proceed with an offer, certain funding options may require a hard credit inquiry, which the partner discloses and you authorize before it happens. We do not provide legal, tax, or financial advice. Please consult a licensed professional for personalized guidance. Full disclosures.
See what you qualify for
A few questions, no documents, no credit pull. You get every option your profile matches, not just this one.