Funding Solution
Equipment Financing
Capital options to help you purchase, replace, or upgrade the vehicles, machinery, tools, and equipment your business depends on.
Overview
What Is Equipment Financing?
Equipment financing helps businesses obtain the vehicles, machinery, technology, or tools they need by spreading the cost over time rather than paying it all at once. This can help you preserve cash for daily operations.
It is often used when essential equipment needs to be purchased, replaced, or upgraded. Available options, amounts, and terms vary by applicant, equipment, product, provider, and underwriting review.
Who It Is Best For
- Businesses that rely on specialized equipment
- Owners replacing aging or outdated machinery
- Companies scaling capacity with new tools
- Teams that want to preserve working capital
Common Uses
- Purchasing vehicles for daily operations
- Acquiring machinery and production equipment
- Upgrading technology and business systems
- Outfitting kitchen or restaurant equipment
- Financing medical or dental equipment
- Acquiring construction and heavy equipment
Benefits
Why Businesses Consider This Option
Preserve cash flow
Spread the cost of equipment over time instead of paying it all at once.
Stay current
Purchase, replace, or upgrade equipment to help keep operations efficient.
Purpose-built
Structured specifically around acquiring business-use equipment.
Support growth
Add capacity without a large upfront capital outlay.
Process
How It Works
Submit Basic Information
Share your business details and the equipment you plan to acquire or upgrade.
Review Available Options
A specialist reviews financing that may fit your equipment needs, subject to approval and underwriting review.
Choose Next Steps
If a suitable option is available, you can decide how you would like to move forward.
FAQ
Equipment Financing FAQ
It can help with purchasing, replacing, or upgrading business equipment such as vehicles, machinery, tools, kitchen equipment, medical equipment, and construction equipment.
Financing spreads the cost over time, which can help preserve working capital for day-to-day operations.
Options, amounts, and terms vary by applicant, the equipment involved, product, provider, and underwriting review.
Many types of business-use equipment may be considered, from vehicles and machinery to technology and specialized tools. Eligibility depends on the provider and underwriting review.
Basic business details and information about the equipment are generally enough to begin. Additional documentation may be requested during review.
Explore Other Funding Solutions
Ready to Explore Your Funding Options?
Tell us about your business and LibertyLend will contact you with next steps.
Submitting a funding request does not guarantee approval. Funding availability, terms, rates, and repayment structures vary by applicant, product, provider, and underwriting review. LibertyLend provides business-purpose funding information and may connect applicants with funding providers.