Equipment Loan
Finance the purchase directly. You own the equipment once the loan is paid off.
- $10K–$5M
- 2–7 year terms
- Fixed rates, typically 6-20% APR
- Best for: equipment you'll use long-term
WESTVALVE FINANCIAL • EQUIPMENT FINANCING
Equipment Financing for Small Business.
Financing options for equipment and assets that support day-to-day operations and growth — machinery, vehicles, technology, and more. The equipment itself typically serves as collateral.
No obligation to explore your options. Financing is subject to provider approval and program requirements.
WESTVALVE FINANCIALEQUIPMENT FINANCING
EQUIPMENT AS COLLATERAL
Fund the tools that run your business.
New machinery. A work truck. Point-of-sale systems. Equipment financing puts the asset to work before it's fully paid for.
HOW IT WORKS
The equipment secures the financing.
Equipment financing uses the asset you're purchasing as collateral, which often makes approval more accessible than unsecured financing. We help you compare loan and lease structures across providers to find the right fit for the equipment and your budget.
Equipment Lease
Pay to use the equipment for a set term. Return, renew, or buy out at the end.
- $5K–$1M
- 2–5 year terms
- Lower monthly payments than financing
- Best for: equipment that depreciates fast
SBA Equipment Financing
SBA 7(a) or 504 loans for larger equipment purchases, with longer terms.
- Up to $5.5M
- Up to 10–25 year terms
- Prime + 2.25–4.75% (capped)
- Best for: qualified borrowers, major equipment
Sale-Leaseback
Sell equipment you already own, then lease it back — freeing up capital immediately.
- Based on equipment value
- Immediate access to capital
- Continue using the equipment
- Best for: businesses needing capital, not new equipment
HOW TO CHOOSE
Match the structure to the equipment.
01
Using it for years?
Equipment loan — build ownership and equity over time.
02
Tech that becomes outdated?
Equipment lease — lower payments, upgrade at term end.
03
Qualify for SBA?
SBA equipment financing — the lowest rates, longest terms.
04
Need cash, own equipment outright?
Sale-leaseback — unlock capital without giving up use of the asset.
REQUIREMENTS
What you need to qualify.
Equipment Loan
- Credit: 600+
- Time in business: 1+ year
- Down payment: 0-20% typical
- Speed: 2-7 days
Equipment Lease
- Credit: 550+
- Time in business: 6+ months
- Down payment: often $0
- Speed: 24-72 hours
SBA Equipment Financing
- Credit: 680+
- Time in business: 2+ years
- Revenue: Profitable
- Speed: 30-90 days
Documents Needed
- Equipment quote or invoice
- 3-6 months bank statements
- Business tax returns
- Equipment specs/serial info
INDUSTRIES WE SERVE
Equipment financing for your industry.
Construction
Transportation
Healthcare
Manufacturing
Restaurants
Agriculture
Retail
Technology
Oil & Gas
Food Service
Professional Services
Other U.S. Businesses
GET STARTED
Let's find your equipment financing solution.
Tell us about the equipment you need and your business. We'll match you with the right structure and provider — no obligation.
FAQ
Questions about equipment financing.
What is equipment financing?
Equipment financing is a loan or lease used specifically to purchase business equipment — machinery, vehicles, technology, or other physical assets. The equipment itself typically serves as collateral, which can make approval easier and rates more favorable than unsecured financing.
What's the difference between equipment financing and equipment leasing?
With equipment financing, you own the equipment once the loan is paid off, and payments build equity. With leasing, you pay to use the equipment for a set term and may return it, renew, or buy it out at the end — often at a lower monthly payment but without ownership along the way.
How much of the equipment cost can be financed?
Many providers finance 80-100% of the equipment's cost, sometimes including soft costs like delivery, installation, and training. The exact amount depends on the equipment type, its expected useful life, and your business's financial profile.
What credit score do I need for equipment financing?
Many equipment financing providers accept credit scores as low as 550-600, since the equipment itself secures the loan. Stronger credit and financials typically unlock better rates and terms, but this product is often more accessible than unsecured financing.
How fast can I get equipment financing?
Smaller equipment financing amounts can close in as little as 24-72 hours with alternative providers. Larger amounts or bank/SBA-backed equipment loans typically take 1-4 weeks, depending on documentation and underwriting.