Equipment financing* – Equipment loans for small businesses

If you plan to keep the equipment long-term, an equipment loan may be a smart option.

If cash flow is tight, equipment leasing can offer lower monthly remittances.

Express Commercial Capital helps you weigh both options based on your budget and how long you’ll use the equipment. We’ll help you choose the smartest path so you don’t overpay, overcommit, or lose momentum on growth.

It depends. Equipment loans can be easier to get than other types of business financing because the equipment acts as its own collateral, but financing providers often still want to see healthy business financials.

It’s possible, but it may take some extra planning. Equipment financing can be one of the more accessible options if you have poor credit because the equipment secures the loan.

Financiers may also review your revenue, time in business, and equipment type to weigh risk. You might need to make a larger down payment or offer extra collateral.

Most equipment loan terms range from 1 to 5 years, but depending on the loan and the type of equipment, you could find terms as long as 7 years.

At Express Commercial Capital, we help you choose a financing structure that keeps remittances manageable, like a merchant cash advance, working capital loan, or business line of credit.

Yes, SBA 7(a) loans are commonly used for equipment purchases.

These loans often come with competitive rates, longer repayment terms, and larger funding limits than standard equipment loans. That makes them a great fit for major equipment investments that fuel long-term growth.

To qualify for most equipment financing options, you’ll need a minimum credit score of 500, 6+ months in business, and documentation of your business’s financial health.

At Express Commercial Capital, we make the process simple. You apply online, and our team helps you understand what’s required.

If you finance qualifying equipment, you may be able to deduct the full purchase price using Section 179 of the IRS tax code.

This deduction helps reduce your taxable income for the year the equipment is purchased, even if you’re still making remittances.

Equipment financing lets you spread the cost of expensive tools, vehicles, or machinery over time.

You can finance through a loan (you own the equipment outright) or a lease (you make smaller remittances, often with a buyout option). Either way, it’s a simple, strategic way to access what you need to grow without tying up capital.

For working capital loans or merchant cash advances used for purchasing equipment, factor rates can be as low as 1.11. For a small business line of credit, expect monthly interest rates between 3%–5%.

Express Commercial Capital works with multiple funding options to help you find the most cost-effective choice.

In many cases, yes. Full financing is possible, especially if your business is established, your credit is solid, and the equipment has strong resale value.

However, some financiers may require a down payment of up to 20%, depending on your risk profile.

You can finance nearly any business-critical equipment, from heavy machinery and vehicles to computers, medical devices, and commercial kitchen gear.

Whether it’s brand new or gently used, if the asset adds value and holds resale potential, it’s usually financeable.

With an equipment loan, you own the asset from day one and pay it off over time. This is ideal if you plan to keep it long-term.

With a lease, you make lower monthly remittances without owning the equipment upfront, which is better for short-term or fast-depreciating items. At the end of a lease, you might return it, renew, or buy it outright.

While many lenders take 24 to 48 hours, Express Commercial Capital's process is designed for speed. Our streamlined online application and efficient review process mean you can get next steps in as fast as 2 hours. This straightforward process is ideal when you need to secure equipment without delay.

Yes, used and refurbished equipment is often eligible for financing, depending on its condition, age, and resale value.

In fact, many businesses choose used equipment to lower upfront costs without sacrificing performance.

Equipment financing offers fixed terms, predictable remittances, and lower rates compared to credit cards, especially if you need to spread remittances over years instead of months.

Credit cards work well for small purchases but can rack up high interest quickly and eat into your limit.

Yes! Equipment financing is a great way to upgrade without draining your reserves

If you're replacing old machinery, outdated tech, or tools that no longer meet demand, financing spreads the cost over time so you can modernize now and pay later.

Equipment financing doesn’t usually cover repairs or replacements, but you’re still responsible for repaying the loan. That’s why it’s important to understand the asset’s condition, warranty, and expected lifespan before financing.

Not always. For many equipment loans or leases, especially smaller amounts, financiers may not require a formal business plan.

Instead, they look at your time in business, credit history, and revenue. However, if you’re a startup or requesting a large amount, a plan can help strengthen your application.

It depends. Many financing options, like working capital loans, allow you to use the funds flexibly, whether that be for supporting cash flow or purchasing equipment.

If you're taking on multiple financing products, make sure to talk with your financing provider. Many financiers have rules around taking multiple financing obligations at once. They can help discuss some options.

No, equipment financing isn’t just for six-figure machinery or commercial vehicles. You can finance smaller-ticket items too, like office technology, computers, or point-of-sale systems.

You don’t need to break the bank to get the tools you need; you just need a financing strategy that works.