Equipment financing
Get the equipment you need without draining your cash.
From machinery and trucks to restaurant ovens and medical imaging gear, equipment financing lets you acquire the tools you need without tying up working capital. The equipment itself serves as collateral, often making approval easier and rates more competitive than unsecured borrowing.
What financing typically looks like.
Ranges are indicative. Final structure depends on your business profile, lender criteria, and current market conditions.
- Loan size
- $10K to $5M
- Term length
- 2 to 7 years
- Typical rate
- 6% to 18%
- Time to fund
- 2 to 10 days
- Collateral
- The equipment financed
- 100% financing available, little to no down payment
- Preserve working capital for other needs
- Potential Section 179 tax benefits
- Fixed monthly payments for easy budgeting
- 6+ months in business
- Minimum 600 credit score
- Equipment quote or invoice
- Last 3 months business bank statements
Ideal use cases
Vehicles, machinery, technology, medical and restaurant equipment, or upgrading outdated tools to improve efficiency.
Estimate your payment.
Equipment financing calculator
Spread the cost of machinery, vehicles, or technology.
Estimates only — actual terms depend on your business profile and lender criteria.
Common questions about equipment financing.
Can I finance used equipment?
Yes. We finance both new and used equipment, including auction purchases and private sales (with proper documentation).
Is a down payment required?
Many programs offer 100% financing. Some lenders require 10 to 20% down for credit-challenged borrowers or specialty equipment.
What about Section 179 tax deductions?
Equipment purchased and placed in service during the tax year typically qualifies for Section 179 expensing. Confirm with your CPA.
Can I finance soft costs like installation?
Yes, most equipment financing programs allow 10 to 25% in soft costs (installation, training, freight) to be rolled into the loan.
Ready to apply?
Talk with a Texas-based TCS advisor. Free consultation, soft credit check only, response within 24 hours.
Get started