Equipment financing or leasing for big assets; working capital for used equipment, smaller tools or urgent replacements.
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Financing an equipment purchase well starts before the financing: comparing quotes, deciding between new and used, checking vendor programs and then choosing how to pay for the machine and everything around it.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Approved files are usually funded the next business day.
A human reads the file, not just an algorithm score.
Your file goes to funders that fit it, so offers can be compared.
Existing balances of $100,000 or less can be bought out.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Get at least two written quotes for the same specification, including delivery, installation, training and warranty. Prices for identical equipment can differ meaningfully between dealers, and what is included varies. A quote also becomes the core document lenders need, so make sure it shows the make, model, year, serial number if used, and the vendor business details.
Decide new versus used. New equipment carries a warranty, the latest efficiency and often manufacturer promotional financing, but depreciates fastest in its first years. Used equipment costs less up front and may be the better value for machines with long useful lives, though lenders may limit terms by age and require an inspection. Compare total cost over the period you expect to own it, including maintenance.
Then choose the payment method. Manufacturer or dealer financing sometimes offers low promotional rates on specific models; read the fine print for required down payments and what happens after the promotion. Independent equipment lenders and banks offer loans and leases with the equipment as collateral. Section 179 may allow a full deduction of qualifying purchases in the year placed in service, subject to limits; confirm with a tax professional.
The extras are often the gap. Down payments, freight, installation, site preparation, initial tooling and training are frequently excluded from equipment loans. Working capital such as revenue-based funding, with credit from 500 considered through MFE, can cover them quickly so the equipment is earning sooner.
Here is working capital sized to cover the extras around an equipment purchase. Illustrative numbers.
| Funding for the project | $150,000 |
| Total payback (factor 1.20) | $180,000 |
| Term | ~40 weeks |
| Payment per week | $4,500 |
| Monthly payment the project must cover | $19,485 |
| Your estimate of added monthly profit | $20,000 |
| Verdict | Pays back within the term |
Illustrative. Replace the estimate with your own numbers before applying.
| Two or more written quotes | Same spec, all-in costs |
| New vs. used | Warranty and promotions vs. lower price |
| Dealer promotional financing | Read terms after the promo |
| Independent lender or bank | Loan or lease, asset as collateral |
| Extras | Down payment, freight, install, training |
Good fit:
Probably not yet:
Through dealer financing, an equipment lender or bank, with working capital for extras.
Compare total cost of ownership; used can be better value for long-lived machines.
They can be; check down payments and terms after the promotion ends.
Many will, with limits based on age and condition.
Often down payment, freight, installation and training.
A provision that may allow full deduction of qualifying equipment; confirm with a tax professional.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding