Empower Your Business with Equipment Financing

Equipment Financing solutions tailored to help businesses accquire essential equipment without the burden of large upfront costs.

Apply Now

Empower Your Business with Equipment Financing

Equipment Financing solutions tailored to help businesses accquire essential equipment without the burden of large upfront costs.

Apply Now

What Is Equipment Financing?

Equipment Financing is a loan product designed to help businesses purchase machinery, vehicles, or technology by using the equipment itself as collateral. This approach allows for manageable monthly payments while preserving your working capital for other operational needs.

Equipment Finance Agreement (EFA)

An Equipment Finance Agreement (EFA) functions much like a loan, with higher payments than an operating lease, but you gain ownership of the equipment once the term is complete.
This is ideal if you’re set on owning the asset. There’s also a related option known as a capital lease, which offers a bargain purchase option at the end, such as $1 or $101. A capital lease may have specific tax advantages compared to an EFA, so it’s wise to consult with your CPA to determine the best choice for your business.